Summary of “Former Facebook exec says social media is ripping apart society”

Another former Facebook executive has spoken out about the harm the social network is doing to civil society around the world.
Chamath Palihapitiya, who joined Facebook in 2007 and became its vice president for user growth, said he feels “Tremendous guilt” about the company he helped make.
“I think we have created tools that are ripping apart the social fabric of how society works,” he told an audience at Stanford Graduate School of Business, before recommending people take a “Hard break” from social media.
Palihapitiya’s criticisms were aimed not only at Facebook, but the wider online ecosystem.
Palihapitiya’s remarks follow similar statements of contrition from others who helped build Facebook into the powerful corporation it is today.
In November, early investor Sean Parker said he has become a “Conscientious objector” to social media, and that Facebook and others had succeeded by “Exploiting a vulnerability in human psychology.” A former product manager at the company, Antonio Garcia-Martinez, has said Facebook lies about its ability to influence individuals based on the data it collects on them, and wrote a book, Chaos Monkeys, about his work at the firm.
In the past year, concerns about the company’s role in the US election and its capacity to amplify fake news have grown, while other reports have focused on how the social media site has been implicated in atrocities like the “Ethnic cleansing” of Myanmar’s Rohingya ethnic group.
In his talk, Palihapitiya criticized not only Facebook, but Silicon Valley’s entire system of venture capital funding.

The orginal article.