Category Archives: Business

Zuckerberg admits that Artificial Intelligence is not a magic bullet

It still requires human intervention:

“There’s certainly a lot that A.I. can do, we can train classifiers to identify content, but most of what we do is identify things that people should look at.”

Source: Facebook’s Zuckerberg Speaks On Cambridge Analytica Scandal | Time
As pointed out on this blog, the capabilities of AI/machine learning have been significantly over stated. Adding more software is not going to solve these problems. Many problems need new business procedures, not software to automate ineffective business procedures.

CNBC editorial labels Facebook "dangerous"

  • The Facebook Cambridge Analytica data scandal makes it clear that we must regulate social media platforms.
  • We can regulate Facebook and other social media without impinging on the First Amendment.
  • We can use the banking industry as road map for regulating Facebook.

Source: Facebook must be regulated without ‘endangering the First Amendment’

Watch Mark Zuckerberg lie in the 2009 BBC TV Interview

Watch the short clip here.
He says Facebook will never sell your user information. “No, of course not,” he answers. “They [users] want to share it with, um, with only a few people.”
The BBC interview reiterates the questions and Zuckerberg again lies with a straight face.
You are not going to restore trust in Facebook when the CEO is a liar.