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Posted by domhudson 2 hours ago

It's time for Mark Zuckerberg to resign from Meta(www.theguardian.com)
46 points | 67 comments
hpjev 1 hour ago|
Mark Zuckerberg owns the majority of voting shares. It's his company, over which he specifically wanted to retain control. Therefore, calling on the board to reign him in is... Misplaced.

If you think the actions of Meta are wrong and should be prevented, you need to act on the regulatory level, not appeal to the very shareholders who profit off the behaviour.

gdiamos 30 minutes ago|
I liked how the article was aimed at Mark personally.

Not everyone gets super voting shares, but everyone gets a life and has to live on the same planet.

primitivesuave 1 hour ago||
Rather than investigate all the things where investigative journalism could potentially make a difference to real human beings' lives, the Guardian has chosen to pursue a plea for the majority owner of Meta's voting shares (61%) to step down from his position of power. Let us politely ask Sisyphus to stop pushing the boulder instead.
bluebarbet 37 minutes ago|
There's no reason to think this (silly) opinion piece is sapping the work of their investigative staff. In an attention economy it might even be drawing eyeballs to it.
foul 1 hour ago||
Meta should just close. It's like wanting to change CEO for the dioxin factory.
arcanemachiner 1 hour ago||
Maybe they should rebrand again. It took a few renames to get the stink off of Blackwater (private military contractor).
koolala 51 minutes ago||
Closing sale! 50%+ Off Sale on data for the majority of humans on Earth!
Terr_ 38 minutes ago||
The idea of that data ending up in new undetermined hands may-or-may-not be a worse thing, but it reminds me of this bit from Making Money, by Terry Pratchett:

> 'Vetinari, are we to believe that you knowingly put the most important bank in the city into the charge of a known bank robber?'

> [...] 'Should he have left it in the hands of unknown bank robbers?'

flippingheck 1 hour ago||
> through every scandal, Zuckerberg’s net worth has climbed to nearly $200bn, according to Forbes. Fines mean nothing to those with wealth like his, so the first step to safeguard society is to give Meta a fresh start without Zuckerberg’s influence on future products.

What is the author's model of a company?

gizajob 1 hour ago|
It’s The Guardian - they just propose left-wing hyperbolic noise with no connection to the real world rather than offer any kind of solutions. Not even aware that Zuck is the biggest shareholder and has all the voting rights, it’s his baby and he owns it, he doesn’t have to resign to make the world a better place in The Guardian’s favour.
tonmoy 1 hour ago||
It’s an opinion piece
graemep 1 hour ago||
Read the last paragraph it calls on the shareholders to push back on Mark Zuckerberg. He owns most of the voting rights so its effectively calling on him to push back on himself.
gottheUIblues 40 minutes ago||
It's an article written by a guest contributor - not an editorial written as the voice of the newspaper
throw03172019 2 hours ago||
I’m not sure the next CEO would do any better. The social media craze is built for addiction and that’s their business model. Investors won’t be on board, sadly.
21asdffdsa12 1 hour ago||
Has there ever be a social media plattform that cheered you on for Self-Improvement? DuoLingo comes to mind or some DIY project- like building a piece of furniture?

Just not rewarding flexing, but creating and world improving?

SweetSoftPillow 1 hour ago|||
Duolingo has nothing to do with self improvement, it's just a shiny presentation for highly addictive game.

We should reward quality of engagement, not just length of it.

watwut 44 minutes ago|||
People love to hate Duolingo, but I actually learned things on it getting real results. And it showed me that language learning does not have to be massive suck.

All in all, it is actually one app that is beneficial or at least harmless.

TFNA 10 minutes ago||
When did you use it? It was a more authentic language-learning tool in the beginning, but was then gradually enshittified in order to maximize engagement on the platform, not actual language mastery. A lot of the most competent language-consultant staff were let go, too.

Today on the shadow libraries, you have your pick of a number of self-teaching textbooks for free, allowing you to find an approach that fits your learning style. No need to rely on a dodgy corporate app.

ACCount37 1 hour ago|||
"Quality of engagement" is as hard to measure as "length of engagement" is easy.
nicce 1 hour ago|||
Duolingo has joined to the addiction club
sznio 1 hour ago||
I think everyone is infected by doomerism.

Why care about the long term consequences if the world is going to be over in the next 20 years.

stuaxo 1 hour ago||
At the billionaire level that seems to be the case.
alansaber 1 hour ago||
Actually, they all seem solely interested in the future. The bunkers are a drop in the bucket for them, so why not?
gps372 58 minutes ago||
Facebook doesn't even listen to countries beyond tier 2 as per their own disclosures - https://www.theverge.com/22743753/facebook-tier-list-countri...

I very much doubt that they listen to countries in tier 1 and 2 also. If not for the fear of US's relatively stronger regulations, don't think Meta would even pay attention to any complaints in US either.

This would not change with the change in leadership in Meta simply because 18Bn is fairly affordable for Meta's scale, but they should be worried about setting the legal precedent (though they denied any wrong doing).

Other countries may not have the same ability to impose penalties owing to their weaker laws also.

bch 24 minutes ago||
> Last week, Meta[...] agreed to a settlement of up to $18bn [...].

>

> But if Meta is truly interested in prioritizing the safety of users [...]

Where did that "but" clause come from? Has that ever been a priority?

ArtTimeInvestor 1 hour ago||

    The CEO is the throughline in a history
    of billion-dollar blunders
Since the IPO, he created an annual ROI of 21% for his investors. Taking risks means blunders are part of the way I would say.

For comparison:

He outperformed the Nasdaq 100 which made 18% (plus dividends) in the same time.

And he way outperformed Warren Buffet who made 14% in the same time.

_ink_ 34 minutes ago|
At what price, tho? He harms children, he hijacked the attention of billions and helped the rise of facism and hate, which if not addressed will lead into very dark times again, all for a measly 3% out perform?
mkl95 1 hour ago||
Mark Zuckerberg is the PT Barnum of tech and Meta is his predatory circus. Meta doesn't make much sense without him.
gexla 45 minutes ago|
Interesting how the author compares the situation to smoking. Were any of the execs of the tobacco companies asked to step down because smoking was found to be harmful to health? My guess is they simply continued and adapted based on how they could remain a profitable company with continued shareholder satisfaction.
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