Zuckerberg’s Law: Every year, you share twice the amount of data than the year before.
The creator of facebook is now claiming laws within his social media empire.
"Publicity, exposure, openness are the central tenets of the social network's mastermind Mark Zuckerberg, who famously stated his belief that privacy is outmoded, that there's little purpose to being online if you're not going to divulge who you are and what you like."
With the rise of social media, data privacy is a hot topic. Consumers and regulators are all becoming concerned. Facebook, inevitably has won the privacy battle thus far. However, Facebook doesn't take personal information, its given, BY YOU, the user. By signing up, users give facebook the permission to collect data on an individual voluntarily.
My opinion is that Mark Zuckerberg created a space where people don't want privacy. Users want to view other's profiles, walls, information and photos- and users want to be viewed. Until facebook, online communities contained anonymity (mock usernames).
The only concern Ive already recognized is that even if u "delete"something from Facebook, they still have it. The moment the material is posted, Facebook owns it. I think users don't realize this attribute: what you put on the Internet, stays on the Internet. I know that facebook has a spam protection dept within the company that protects users and employees that monitor it every minute, but it still doesn't protect every aspect-- its now a hunter's paradise.
There is talk that the most likely form of regulation will be of third-party data collectors. I don't think the battle over privacy control is quiet over yet as new developments keep coming into existence with Facebook. I am eager to see how the government will continue to try to stick their hand in this cookie jar....