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"Facebook a menace to society" George Soros

  

Facebook has become “obstacle to innovation” and are a “menace” to society whose “days are numbered”, said billionaire investor and philanthropist George Soros at the World Economic Forum in Davos.
 
“Mining and oil companies exploit the physical environment; social media companies exploit the social environment,” said the Hungarian-American businessman, according to a transcript of his speech.
 
“This is particularly nefarious because social media companies influence how people think and behave without them even being aware of it. This has far reaching adverse consequences on the functioning of democracy, particularly on the integrity of elections.”
 
In addition to skewing democracy, social media companies “deceive their users by manipulating their attention and directing it towards their own commercial purposes” and “deliberately engineer addiction to the services they provide”. The latter, he said, “can be very harmful, particularly for adolescents”.

 
 

 

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