Politician and consumer advocate Ralph Nader speaksto CNBC about your information on fb: Ralph: first of all, it was done in secret with over 700,000 facebook customers. second, it was a severe conclusion, basically, that facebook was experimenting with all this personal information that people give free in terms of how they get them in various moods by altering the news feeds, pessimistic news feeds, optimistic news feeds they provide them. i go much more deeper than what the commentary is saying. facebook wouldnt exist with without all this personal information that people give it free. all this personal information identified by personal names is what gives facebook its enormous growth and power. now, why dont we charge them for the information? why dont people on facebook start a movement and internet facilitates that where they say that we are going to be paid for this personal information that you are making billions of dollars from. you think consumers -- thats the argument. Host: do you think users of facebook should be paid when they conduct experiments for the research like this? Ralph: more than that. they should be paid routinely for the information that is utilized in order to get advertisers focused on the customers. so not just by the experiment that you mentioned. that goes without saying. there should be a whole new relationship between facebook users and facebook corporation. where no longer do they get their, inventory free. Host: facebook apologized for this, sandberg came out saying she was sorry it was poorly communicated, not the fact that they did it. pretty lame. do we need a stronger response there? Ralph: its a lame thing because what she and zuckeman are not telling us are other projects that are secret, releasing peoples information accomplished by facebook or others underway. we need full disclosure. Host: its not just facebook surely. this is the risk. of the age, our information is everywhere, voluntarily joining facebook, google through mail, and its really not just the social networks. Ralph: thats correct. you know, google does it, the others are doing it too, just facebook happens to be in the news now, so we need a whole new relationship between the consumers of the social network companies, which are making money hand over fist, using our personal information and owning l9app/teamthomas
Posted on: Fri, 04 Jul 2014 02:04:35 +0000
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