Friday, March 08, 2019

The New Facebook – 2 types of Digital Platforms:



“The future of communication, will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure.”  Mark Zuckerberg put out a 3200 page memo on Wednesday afternoon laying out the future for the Facebook companies and potentially all of social networks. 

Zuckerberg argued that there will be 2 types of platforms going forward, one more open like a town hall which would be like Facebook and Instagram, the others more private like Whatsapp and Facebook Messenger.  Zuckerberg mentioned that there will still be ways to monetize the private side of the business but did not give any details into how to do so, and what form that would take. 

My initial thinking is that no matter what Facebook does there will be an element of distrust into how private the information is, but at the same time, does anyone actually think their data is private anymore?

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