Mind Matters Natural and Artificial Intelligence News and Analysis

TagMark Zuckerberg

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Bearish stock financial, bear market chart falling prices down turn from global economic and financial crisis.

Zuckerberg’s New Meta Pummeled by Stock Market

Meta (Facebook reimagined) faces a gauntlet of challenges only months after Zuckerberg announced his new "metaverse" initiative

Last October, Facebook CEO Mark Zuckerberg announced that Facebook would be undergoing a major facelift to become Meta. The Facebook platform we all know and love would remain as is, but Meta would become Facebook’s parent company with a primary focus of developing the “metaverse,” an immersive online experience that Zuckerberg called “the next frontier” of the internet. But Meta is off to a rough start. Facebook’s parent company shed more than $230 billion in market value Thursday, a one-day loss that is the biggest ever for a U.S. company and increases pressure on a stock market long powered by technology shares…. The Facebook parent company surprised investors with a deeper-than-expected decline in profit and a downbeat outlook. The company…

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closeup keyboard laptop and Google Ads AdWords app icon on smartphone screen. Google is the biggest Internet search engine in the world. Moscow, Russia - April 27, 2019

Facebook and Google Face Big Legal Challenges

The FTC, dozens of states, and private citizens are coming after the big tech companies for antitrust violations

How has 2022 begun for our favorite Big Tech companies? With a good chunk of lawsuits. As technology companies grow bigger, they face bigger legal challenges. Here’s a brief rundown of a few such challenges Facebook and Google face in the courts in this new year: FTC Antitrust Lawsuit Against Facebook Moves Forward Let’s begin at the federal level. Last June, Judge James E. Boasberg of the U.S. District Court of the District of Columbia tossed out a lawsuit from the Federal Trade Commission (FTC) challenging Facebook’s acquisition of Instagram and WhatsApp. According to Boasberg, the FTC failed to adequately show that Facebook holds a monopoly. Not to be dissuaded, the FTC re-filed with an amended complaint in August. Last…

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Group of fashion friends watching on their smart mobile phones - Millennial generation z addicted to new technology trends - Concept of people, tech, social media, friendship and youth lifestyle

If Facebook Kills Holly, Shouldn’t Zuckerberg Take the Stand?

When social media is associated with suicide, legislators must ponder what to do next

(This article by Karl D. Stephan originally appeared at Engineering Ethics Blog (15 December 2021) under the title “Will Facebook kill Holly?” and is reprinted with permission.) I have to be careful about how I write today’s column. I do not want to betray any trusts. But on the other hand, a topic that up to now has been an abstraction for me has become personal. A statistic has turned into someone I know by only two degrees of separation. To protect anonymity, I have changed names and some details of what I will write here. But I assure you that what I am going to write is based on facts as personally told to me yesterday by someone I…

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Pre-adolescent teen girl texting on a smartphone lying in bed at home. Candid indoor photo withFocus on the foreground and copy space

Facebook’s…Er, Meta’s Instagram Problem

Despite employee-recommended solutions, Facebook has largely turned a blind eye to the harms their own algorithms have caused in teenage girls using Instagram

The Wall Street Journal’s series of articles based on leaked internal documents from Facebook, Inc. (now Meta Platforms, Inc.) gave us a peek inside the company’s business model, including what the company knew about Instagram’s harmful mental health effects on teen girls.*  Facebook employee, Frances Haugen, provided thousands of pages of internal documents and Slack conversations to the Wall Street Journal’s Jeff Horwitz, and has since made the documents available to other media outlets. Gizmodo is working with a group of experts to make the documents public, which can be viewed here. On October 5th, Haugen testified before the Senate Committee on Commerce, Science, and Transportation on Facebook’s lack of transparency regarding the harms of its platforms. The full testimony can be seen in the video below. Haugen…

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young cute girl hipster, sitting at a cafe holding a smart phone, answering texts, phone calls, letters, posts photos in instagram, outdoor portrait, close up, elaborated and bracelets on the hands

I’ve Been on Facebook for 13 Years. Here’s Why I’m Leaving Now.

Has Facebook actually improved the ways we connect with each other? And does Meta have a chance to improve upon that?

When I first joined Facebook in 2008, it was primarily a way to remain in contact with my dad while he was deployed overseas for a year. As I went through school, and then graduated and moved across the country for college, it became a way for me to connect with new and old friends. Now, thirteen years later, I am looking at deleting my Facebook. Here’s why: Last month, Facebook creator and CEO Mark Zuckerberg made waves when he announced the creation of a parent company over Facebook called “Meta.” The basic idea is what Zuckerberg calls “the next frontier” of the internet – a virtual reality in which people can engage in connection and creativity with one another.…

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Group of demonstrators on road, young people from different culture and race fight for climate change - Global warming and enviroment concept - Focus on banners

Google and YouTube Demonetize Climate Change Skeptics

But how did Google acquire the authority to declare what is "misinformation" or "scientific consensus"?

The Google Ads team announced a new policy last week banning the monetization of content critical of a current consensus around climate change. Beginning in November, both Google and YouTube will: …prohibit ads for, and monetization of, content that contradicts well-established scientific consensus around the existence and causes of climate change. This includes content referring to climate change as a hoax or a scam, claims denying that long-term trends show the global climate is warming, and claims denying that greenhouse gas emissions or human activity contribute to climate change. Google Ads team, “Updating our ads and monetization policies on climate change,” posted October 7, 2021 This does not mean that Google and YouTube will block any and all content that denies…

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Business risk control concept, Businessman protect wooden block fall to planning and strategy in risk to business Alternative and prevent. Investment Insurance Business.

The Push to Break Up Big Tech Monopolies

Facebook is "acting as an arm of the state," says Florida's governor

Florida Governor Ron DeSantis appeared on Fox’s Sunday Morning Futures, hosted by Maria Bartiromo, over the weekend. The two discussed Big Tech’s alarming censorship power and Florida’s efforts to combat that power. Recent government emails obtained through Freedom of Information Act lawsuits suggest that Dr. Anthony Fauci and Facebook CEO Mark Zuckerberg coordinated what should and should not be dispersed through social media platforms regarding COVID-19 and its origins. “Do you believe Fauci colluded with Mark Zuckerberg? Does this expose Facebook to legal action?” Bartiromo asked DeSantis. DeSantis answered by calling Facebook “an arm of the state”: Here’s an example of working with Fauci where Facebook, you can argue, is essentially acting as an arm of the state, because they’re…

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Woman hand using smart phone with lock icon graphic at coffee shop. Technology business concept.

Censoring the Censors? Florida’s Anti-Censorship Law

What exactly does the law do, and why is Big Tech sponsoring a lawsuit to halt it?

Originally published by Dr. Karl Stephan at Engineering Ethics On May 24, Florida Gov. Ron DeSantis signed a bill designed to stop social media firms from censoring free speech. At least that’s what the governor’s website claims it does. Two big-tech industry groups, Netchoice and the Computer and Communications Industry Association (CCIA), sued the state of Florida in early June over the legislation, which is scheduled to take effect on July 1. What exactly does the law do, and why are organizations such as Facebook, Twitter, Amazon, and Google sponsoring a lawsuit to halt it? People of certain political persuasions need not look far for motivations to pass such a law. Following the assault on the U.S. Capitol on Jan. 6 of this year,…

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Social media concept.

Fallout From Facebook’s Huge Privacy Hack: A Serious Unfriending

The Big Hack in April, in which even Mark Zuckerberg’s data got scraped, was hardly the first one Facebook faced

We’ll let engineering prof Karl Stephan start the story, comparing Facebook to God: For purposes of discussion, we will compare Facebook to the traditional Judeo-Christian God of the Old and New Testaments. And we will restrict the comparison primarily to two matters: communication and trust (or faith). Users of Facebook communicate with that entity by entering personal information into Facebook’s system. That act of communication is accompanied by a certain level of trust, or faith. Facebook promises to safeguard one’s information and not to reveal it to anyone else without your permission… Karl D. Stephan, “In Facebook we trust” at MercatorNet Safeguard the information? As recent news reports revealed, a month ago today, a hacker released roughly 533 million users’…

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Heritage Building

Influential Think Tank Declines Big Tech Donations

The Heritage Foundation declined six-figure donations from Big Tech companies Facebook and Google in 2020, citing repeated censorship of conservative views

News website Axios obtained letters signed by Heritage Foundation‘s departing President Kay Coles James (pictured), addressed to the CEOs of both Facebook and Google in October 2020, explaining why Heritage felt compelled to decline the six-figure contributions from the companies. “We cannot in good conscience take money from a company that repeatedly, and blatantly, suppresses conservative speech on your platforms,” reads the letter to Google CEO Sundar Pichai.  A similar statement is made in the letter to Facebook CEO Mark Zuckerberg.  Heritage declined $225,000 from Google, and returned $150,000 that came from Facebook. The Heritage Foundation made several accusations against the companies in its letters, including: that Facebook suppressed their reach by blocking referral traffic; that Facebook targeted Heritage with third-party fact-checkers; and that Google…

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Thumbs up on bricks wall

Facebook Exec Admits the Company Has Too Much Power

He worries, talking with an undercover reporter, that Zuckerberg is 36 and is “the ruler” of two billion people

In a video titled “KING ZUCK: Facebook Global Planning Lead Reveals Dire Need For Government Intervention In Facebook” (March 15, 2021), we hear an insider’s view from Benny Thomas, Facebook’s Global Planning Lead— who told what he knew to a Project Veritas undercover reporter. From the undercover interview: Benny Thomas: I’ll make less money but it will be a better thing for the world. Facebook and Google are too powerful and they need to be made less powerful … It needs to be broken up the way the telecom companies were broken up and the oil companies were broken up.” No king in the history of the world has been the ruler of two billion people. And he’s 36. [a…

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newspaper on brown wooden table

Facebook Unfriends Australia, Blacks Out Critical News

It started as a trade dispute but the growing power of Big Social Media to impose news blackouts threatens freedom of information, even safety

Last week, in a business dispute with the government of Australia, Facebook wiped news from Australia from its 2.6 billion users’ feeds. Michael Cook (pictured), editor of Australia-based MercatorNet, explains what that meant: So when you checked your Facebook feed on February 18, you didn’t see anything from The Australian, The Guardian, the Sydney Morning Herald, the Herald Sun, Daily Telegraph or, initially, the Bureau of Meteorology, Western Australia’s Department of Fire and Emergency Services, Western Sydney Health, South Australia Health, various state health services and some state Governments. This is in the middle of the fire season and a Covid-19 pandemic, for which many people rely on Facebook for updates. You also didn’t see anything from MercatorNet or BioEdge,…

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Classic club sandwich with ham and bacon on a wooden board. Next cup is a mixture of pickled miniature onions, gherkins, tomatoes. Gray background. Close-up.

For Five Days There Was Free Expression in China

Then censors blocked the Clubhouse app

In March 2020, Silicon Valley entrepreneur Paul Davidson and former Google engineer Rohan Seth launched their newest app, Clubhouse. The app is an invite-only audio chat app that lets users talk in virtual rooms. These conversations can be one-on-one or they could have an audience of up to 5,000 users (the current room limit in the beta version of the app). The app is only available on the iPhone and, once invited, users must use their actual phone number and Apple ID to join. Each user is only allowed to invite up to five people. The app’s exclusive nature gave it the tantalizing aura of the “next-big-thing” among the tech types. On January 31, Space-X’s Elon Musk made an appearance…

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Artificial robot hand touch human hand

Will We Outsource Religion and Spirituality to AI ?

A philosopher makes the case. But he worries, are we really outsourcing caring about others?

Last Sunday, we looked at the question raised by Professor David O’Hara of Augustana University (South Dakota) as to whether AI could someday have mystical experiences. Of course, a lot depends on whether AI can have any experiences at all. An agnostic himself, O’Hara has also asked us to consider how robot priests will “change human spirituality”: What matters is not whether we have invented true artificial intelligence, but whether we believe we have invented it. If we trust the machine, we might let it function as a mystic or a priest, even if it isn’t one. This raises the interesting question of what to do when someone makes a machine that is actually intended to play the role of…

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Chair of Forbes Media Says Money Is About Trust

Experts forecast the future of money in general at COSM

Facebook wants to start minting its own money. Amazon is said to be thinking about it. Bitcoin has many enthusiasts. But what determines the value of money in a digital age?

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