Trust in the sources on which we depend for business and personal decisions is essential. A platform that aggregates opinions and news must be maintained with the highest standards of trust and honesty.
This need for reliability is because it acts against its users, an aggregation of services like Facebook. It can cause damage nationally or even globally by causing people to act against their interests.
Last week, we learned that Facebook’s “XCheck” or “Cross Check” moderation system offers certain celebrities and politicians special privileges.
Facebook has also been reported to profit from illegal activity, save the money it earns through fraudulent advertising campaigns that steal from users. Her Instagram property was recently said to be harmful to young women.
The problem comes down to what appears to be a financial model that puts income generation before virtually every decision.
While it has been very profitable for Facebook so far, It likes any illegal scheme. This blatant policy could ultimately be fatal for a company that misbehaves globally. Facebook is the manifesto to hunt Big Tech nationwide, and in recent years other countries have come to think of Facebook as bad.
Competition Serves the Customer
Although some of the latter are under totalitarian rule, Microsoft was the most hated tech company in the late 90s. Google replaced it for a while.
Now Facebook seems to have set itself the goal of being destroyed by its actions and dragging other U.tech companies with it. We are talking about it this week.
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In the beginning, the print media discovered they had to separate ad contributors from content control, or they would lose trust. Then even the first news broadcasts implemented similar policies.
These programs were initially surrounded by regulations that mandated honesty and balanced reporting, although much of this control structure no longer exists. If you look at Facebook’s behavior below, the focus on revenue seems to trump all other factors when making decisions. This level of excessive focus on income often forces activities that appear not only illegal but criminal.
[OPINION] Will Mistrust Jeopardize the Survival of Facebook? Last week we heard that FB's moderating system XCheck gives special privileges to some celebrities and politicians. This adds to a growing list of questionable activity by the social media giant. https://t.co/V9owkZ0zoj pic.twitter.com/wJ8qRmJBZ1
— TechNewsWorld (@technewsworld) September 20, 2021
While money isn’t the root of all evil, it is the root of much of it, and we’ve seen industries like tobacco, petroleum, and pharmaceuticals move up the scale of damage. To protect and increase their income on its platform, it shouldn’t be long before an attorney general commits the company and its CEO to that company.
In addition, Microsoft has turned to services. It has essentially led the technology market from one-on-one sales, fostering bad customer behavior, to services that can better match the needs of customers and suppliers.
Beginning of the Facebook problem
This positive result is not always effective, as we have cable companies and the former ATandT as examples of service companies. It has also developed a staggering amount of hatred from customers. Competition helps ensure that a business does not take its customers for granted.
When I was working at IBM before it fell, I had a conversation with one of the marketing directors. I was afraid that we would make promises to governments that we did not intend to keep.
He said, “Rob, you just don’t get it.” They’re so dominant it’s like selling air; they have to buy from us. He has given this conversation a lot of thought over the years. He concluded that if you don’t put your users first.
They are not aggressively enforcing ethical behavior and having no competition. Else you will end up killing your business because you tactically put revenue and profit first.
Image courtesy of Fox News/YouTube