Fear Facebook?

I just read an interesting post – “Thanks Facebook for putting my nuts in a vice“. The author is scathing of Facebook’s intentions:

“Facebook is only concerned about two things. Amassing the biggest profile database in the world and to convert that into a sickening amount of money. Today’s announcements where just the opening salvo on their march to integrate themselves so deeply in the web that we can’t do without them.”

Facebook recently announced some fairly dramatic changes and expansion plans, including the launch of social plug-ins to support engagement and interaction across the web, within your Facebook network.

Should we join the author (who happens to also be called Steven) in his concern about Facebook? Should we be concerned about Google too? Is it time to  metaphorically take our money out of the bank and put it under the mattress?

  • http://theboxpop.wordpress.com Steve Boxwell

    I think many people have woken up to the fact that FB is an astonishingly bad way of relating to one another but that hasn’t translated into a global shunning of these forms of social networking. What bothers me is that I’m pretty fastidious with my privacy settings and yet FB have consistently, with each new FB upgrade, made finding those privacy settings more difficult.

  • Steven Kryger

    Speaking of privacy on Facebook Steve, this post on Social Media Today picks up on what you were saying:

    “There’s No Privacy on Facebook?? Who Knew?”

    An excerpt:

    Every time Facebook makes changes to their privacy statements or policies people get really irate. I mean REALLY irate, like in this video clip. First there’s the people that are appalled that Facebook would have the nerve to share their private information. (Ahem. You gave it to ‘em, how else are they supposed to make money?)