Facebook: Cracking the Code
- Year:
- 2017
- 41 min
- 350 Views
1
In 2014, Facebook scientists
published the results
of one of the biggest
psychological experiments
ever conducted.
They took almost 700-thousand
Facebook profiles
and deliberately skewed
their news feeds
to be either more positive
or more negative.
Then, they used the company's
sophisticated algorithms
to measure any shift
in people's mood.
Their findings?
The more positive the feed,
the happier Facebook users
seemed to be.
The more negative,
the more depressed they became.
It proved the power of Facebook
to affect what we think
and how we feel.
Facebook has very cleverly
figured out
how to wrap itself
around our lives.
It's the family photo album.
It's your messaging
to your friends.
It's your daily diary.
It's your contact list.
It's all of these things
wrapped around your life.
This is the story of how
one of the World's biggest
and most powerful
private corporations
our data into vast profits,
and in ways we have
no control over.
They are the most
successful company
arguably in human history
at just gathering people's time
and turning that time
into money.
Like his company,
Facebook's founder
hardly needs introducing.
Mark Zuckerberg started
the social media platform
13 years ago when he was just 19
as a site for Harvard
undergraduate students.
When we first launched,
we were hoping
for maybe 400 to 500 people.
Harvard didn't have a Facebook
so that was the gap
that we were trying to fill
and now we're at 100,0000 people
so who knows
where we are going next.
Within its first month,
more than half the students
had joined, setting the trend
for the membership explosion
that followed.
Now, almost a quarter
of the world's population
has signed on.
It is bigger than any country.
Facebook is now
a global colossus.
It is one of the world's
most valuable corporations,
worth over 400 billion dollars.
Mark Zuckerberg
is an international powerbroker
in his own right.
He's like a king, right?
He's like a monarch.
He's making decisions
about your life on Facebook,
what the rules are,
and he's a benevolent dictator.
You can't say this is
accountable governance
or a participatory governance
in any particular way.
still isn't enough for Facebook.
Mark Zuckerberg is aiming
for the next billion.
There is a limit to how much
they can grow
in established markets like
North America and Australia.
But the 32-year-old businessman
sees huge potential
in the developing world.
There are a billion people
in India
who do not have access
to the internet yet
and if what you care about is
connecting everyone in the world
then you can't do that
when there are so many people
who don't even have access
to basic connectivity.
There's a term that's being used
by folks connected to
Facebook and Google
called the last billion
where they're basically trying
to figure out a way
to spread internet access,
but the internet
that they're going to spread
is an internet that's shaped by
Facebook and Facebook's agendas.
That's actually part
of the long game here.
Most people in a lot
of the developing world
are accessing the internet
through their mobile phones
that are known as zero rating
or Facebook Zero
so when you get you smartphone,
you get free data
if you're using Facebook
and so people stay on Facebook.
They don't go anywhere else,
so that their whole world
on the internet
becomes very much the same
as, you know...
they don't know
any other kind of internet.
Facebook is a free service,
but that's because
Zuckerberg has learned
how to turn our data
into dollars. Lots of dollars.
Last year his company
earned 27-and a half billion US,
just under 16 dollars
for each user,
and he's buying even more
internet real estate.
Clearly there's one topic
we have to start with.
You bought WhatsApp
for 19 billion dollars.
Why did you do it
and what does it mean?
You can look at
other messaging apps
that are out there, whether it's
Cacao or Line or WeChat
that are already monetizing
at a rate of two
to three dollars per person
with pretty early efforts
and I think that shows
if we do a pretty good job
at helping WhatsApp to grow
that is just going to be
a huge business.
Facebook has WhatsApp,
Facebook has Instagram.
Facebook has Oculus Rift,
not necessarily mainstream
but these are very big
corners of the internet.
Should we be concerned
about a monopoly?
We should always
be concerned about monopoly.
We should always be concerned
about concentration of power.
We should always be concerned
about that
and we need to hold their feet
to the fire at all times.
Facebook is all about
community,
what people all around the world
are coming together to do -
connecting with friends
and family,
informing these communities.
Facebook presents itself
as a digital platform,
a neutral stage upon which
life plays out.
2016:
we all went through it together
It says it is a company that
develops digital technology,
not social engineering.
For all the talk
about community,
Facebook is neither democratic
nor transparent.
Any place we go to
that is not truly open,
that's not governed by us
as users,
that's not governed by
some democratic accountability,
is actually a place
that is not truly ours.
It's a place that we can use,
it provides great value
in many ways,
don't get me wrong,
to its users.
But it's incorrect to see it
as a neutral place.
It can do things
like a government
and indeed it has inherited
some government-like functions,
but I don't think that passes
the smell test
to imagine that Facebook
or any online platform
is truly democratic,
they're not.
If we tell the computer
to look at two numbers
and compare them and put
the larger number on one side
and the smaller one
on the other then,
with a series of steps
we will be able to reorder it.
To understand
how Facebook works,
we need to understand
what goes on under the hood.
The engine that drives the
system is built on algorithms -
sets of instructions
that Facebook's engineers use
to determine what we see
in our News Feed.
Dr Suelette Dreyfus,
an information systems expert,
demonstrates how
a basic algorithm works.
Typically, an algorithm might be
for processing some data
or doing some arithmetic,
summing something for example,
or it might be
to try and recreate
the decision-making process
that we use in our human brain
on a more sophisticated level.
Facebook's algorithms
were originally configured
to help Harvard University
students
stay in touch with one another.
They exploited the way
the students had
a small group of close friends,
and a wider,
looser social circle.
The algorithms are now
vastly more complex,
but exactly how they work
is a closely guarded
commercial secret.
We do know that they are
designed with one aim in mind -
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