Two questions: (1) Does this sound like normal corporate talk to you? A corporation deliberately decreasing its advertising revenue for the benefit of “people’s well-being and society”? (2) Does anyone honestly believe that Mark Zuckerberg has ever once in his life cared about “people’s well-being and society?”
Fast Company reports that time spent on Facebook is down a whopping 24 percent in a tone that seems to be warning that the company is in trouble, but Zuckerberg is actually publicly boasting about the loss and how beneficial it is for mankind. Not only has he drastically slashed his viewership, surely at great expense, but he’s also massively increased his overhead, hiring an extra 14,000 people to help fight “fake news”, which is expected to have risen to 20,000 by year’s end.
“2017 was a strong year for Facebook, but it was also a hard one,” said Facebook CEO Mark Zuckerberg last month. “In 2018, we’re focused on making sure Facebook isn’t just fun to use, but also good for people’s well-being and for society. We’re doing this by encouraging meaningful connections between people rather than passive consumption of content. Already last quarter, we made changes to show fewer viral videos to make sure people’s time is well spent. In total, we made changes that reduced time spent on Facebook by roughly 50 million hours every day.”