Facebook now considered the least-trusted tech company: Survey


THAN 500 POINTS AN HOUR. WE’LL SEE WHAT HAPPENS OBVIOUSLY. NOW THIS. FACEBOOK IS NOW THE LEAST TRUSTED TECH COMPANY. THIS IS ACCORDING TO A SURVEY BY RESEARCH FIRM TO LUNA APPEARED 40% OF THE RESPONDENTS SAID THAT THEY TRUSTED FACEBOOK BELIEVES. NOT ONLY BECAUSE THE DATA LEAKS AND PRIVACY ISSUES BUT BECAUSE OF HOW THE TOP EXECUTIVES HANDLE THOSE ISSUES. WHY BRING IN JOHN MAYER, TRANSPIRE GENERAL PARTNER. JUST ABOUT EVERY DAY THERE’S BEEN A NEGATIVE STORY ON SOCIAL MEDIA, BUT MORE SPECIFICALLY FACEBOOK AND THE ARROGANCE IN WHICH THEY HANDLED THIS HAS NOT BEEN LOST ON PEOPLE.>>ABSOLUTELY ARE TOTALLY RIGHT. WHERE WE KEEP SEEING TIME AND TIME AGAIN AS THEY MAKE A MISTAKE. THEY HAVE TO APOLOGIZE FOR IT. THEY MAKE A MISTAKE AND IT HAPPENS AGAIN. I THINK AT THIS POINT WHAT IS TREMENDOUSLY IMPORTANT AND I KEEP STRESSING THAT IS THAT WE SEE NOW THE PUBLIC DOESN’T SEEM TO BE MAKING MUCH OF A DIFFERENCE IN TERMS OF NOT USING FACEBOOK AS MUCH. FACEBOOK NUMBERS NOT LOSING USERS. IN THE STOCK IS GETTING HAMMERED. THAT’S GOT TO GET SOMEBODY’S ATTENTION.>>HOPEFULLY IT WILL APPEAR AT THIS POINT REALLY THAT TIME IS RUNNING OUT. AT THIS POINT, WE ARE RUNNING A VERY HIGH RISK OF THE NEW COMPANY COMING IN COMPETING WITH FACEBOOK IN A VERY SERIOUS WAY THAT TAKES PRIVACY SERIOUSLY. IRONICALLY, ONE OF THE SOURCES OF WHERE THIS TYPE OF COMPANY CAME FROM IS A FACEBOOK EMPLOYEE. THE BIGGEST DRIVER IN MY OPINION BEHIND WHAT FACEBOOK CAN DO FOR THE BETTER IS COMING FROM THEIR INTERNAL EMPLOYEES THAT DON’T AGREE WITH THE WAY FACEBOOK HAS TAKEN THE POLICY. CHARLES: THEY HAVE IDEAS, AND THEY SEE HOW IT WORKS. THAT’S A HUGE OBSTACLE. YOU WONDER IF WE DO GET THE LEGISLATION WITH SOCIAL MEDIA, WOULD IT HAVE THE ADVERSE EFFECT OF PERHAPS MAKE IT HARDER FOR THESE NEW COMPANIES TO ACTUALLY START UP AND TAKE A PEEK OR WOULD IT ACTUALLY CURB THE BEHAVIOR I FACEBOOK TO MAKE THEM MORE ACCOUNTABLE TO THE PUBLIC AND THE USERS.>>IS NOT AS A WORRY OF MINE. RIGHT NOW WHAT I THINK COULD BE THE BEST CHANCE FOR A COMPANY TO COMPETE WITH FACEBOOK OR COMPETE WITH FACEBOOK ENOUGH TO SCARE FACEBOOK INTO REALLY TAKING THIS SERIOUSLY IS AGAIN FOR AN INTERNAL EMPLOYEE TO GO TRY SOMETHING OUT-OF-THE-BOX. WERE WE START POSSIBLE COMPETITORS. THE REASON IT COULD HAPPEN SOMEWHAT SOON IN THE NEXT TWO TO THREE YEARS IS BECAUSE WERE ABOUT TO UNDERGO SOME PRETTY SERIOUS PARADIGM SHIFT IN COMPUTING. CHARLES: LET TALK ABOUT THE BIG TRUCK 10 CC.>>AS WE GET INTO 2019, YOU’LL SEE TECHNOLOGY, ARTIFICIAL INTELLIGENCE BE THE BACK BONE OF SOME OF THE LARGER TECH COMPANIES LIKE GOOGLE, AMAZON, FACEBOOK, ET CETERA. CHARLES: THE BACKBONE WITH RESPECT TO THE OPERATE WITH THEIR MISSION ARE THE BACKBONE IN TERMS OF OFFERING THE PRODUCT.>>I THINK IT THE BACKBONE OF HOW THEY POWER THE END PRODUCTS. I’LL GIVE YOU AN EXAMPLE. SO I TALKED ON THE SHOW A LITTLE BIT AGO. A FEW WEEKS AGO BUT RECENTLY I WENT INTO SAN FRANCISCO. I WALKED INTO THE LATEST IN THE AMAZON GROCERY STORE THAT DOES NOT HAVE ANY CASHIERS. SO I’M WALKING IN, PULLING CARTS OFF THE SHELVES, PUTTING THEM IN MY BACK PACK. AND I JUST WALK OUT. AND THEN I GET A BILL SENT TO MEME AND IT WAS THE MOST PLEASANT SHOPPING EXPERIENCE I’VE EVER HAD IN RETAIL. THIS IS OUT ON THE MARKET. AVAILABLE TO EVERYBODY TO WALK IN AND THEY’RE GOING TO ROLL OUT THOUSANDS OF THESE ACROSS AMERICA. WHAT I LIKE TO TALK ABOUT IS FIRST OF ALL WHAT IS CAUSING THAT? AND IF A.I. WHAT IS THE IMPACT ON AVERAGE AMERICANS? OBVIOUSLY GREAT FOR CONSUMERS. CHARLES: A LOT OF PEOPLE WATCHING ON THANK YOU, MR. CHAIRMAN. AND JOBS. A LOT OF JOBS AT RISK. THAT’S A BIG QUESTION MARK.

23 Comments

  1. Timothy Whittaker said:

    No wonder people hate Facebook. The fraternities have used the site to haze the public. If I was zuck , I would quit or crash the company just to spite the fraternities.

    December 27, 2018
    Reply
  2. zarfii said:

    Trump and friends need to talk to some of FBs key employees.

    December 27, 2018
    Reply
  3. crashweaverda said:

    Only go on there about once a week and it's not how many user you have it's how much its used. Mom a user that has not logged in three years or better.

    December 27, 2018
    Reply
  4. Raoul Duke said:

    Good, bye bye Zuckerturd.

    December 27, 2018
    Reply
  5. Linda Freeman said:

    Facebook uses the google guys -you know -those non US citizens with B-1 work visas to comb thru every post for information and GIVE YOU disinformation. Patriots DO NOT work at either of these companies. They serve the agenda of those working against humanity for the digitized bar coded future of humanity

    December 27, 2018
    Reply
  6. Rusty Hill said:

    Good riddance. I will be happy to see and use new networks without the arrogance and disrespect of it's users. I will be looking for networks that do not censor and use algorithms that are designed to sway peoples political opinions.

    December 27, 2018
    Reply
  7. blaise gordon said:

    Don't trust them ill pop on too check on my kids and family and friends only and I am back off

    December 27, 2018
    Reply
  8. BeauJameson said:

    Farcebook, tweeter, stinksagram.
    They’re all the same.

    December 27, 2018
    Reply
  9. Pat Hacker said:

    Google is not very trusted as a search engine anymore. Politics shouldn't be practiced by our tech infrastructure. That's not their role. Maybe that's where they are getting their quick funding but they are all going to lose their user bases if they don't straighten up.

    December 27, 2018
    Reply
  10. Front Page Britain said:

    The Geek shall not inherit the Earth…

    December 27, 2018
    Reply
  11. Angry Shamrock said:

    Amazon grocery store sounds like a dystopia. People need to see a cashier and support JOBS. Screw fakebook, google and amazon

    December 27, 2018
    Reply
  12. Johan said:

    Who can trust Facebook or MarkZ? We can see straight through them… And Google and YouTube to be honest. They think the world owes them their (face) time. Facebook especially is an arrogant mind control system who does not care about privacy. Just check your own phone, you cannot even delete (or service stop) Facebook from your own phone. I use to, but don't use fb anymore.

    December 27, 2018
    Reply
  13. Walt Gibbs said:

    Facebook is clearly the most non private social media network I think there is but don’t matter will still be used everyday while owners grow richer and richer so no need to complain it wont help or change nothing.

    December 27, 2018
    Reply
  14. starlord said:

    How many kids have committed suicide because of facebook. Facebook should be made directly responsible for these crimes

    December 27, 2018
    Reply
  15. IMA RUSSIAN said:

    why is FB trusted less than booze, drugs, and cigarettes?

    December 27, 2018
    Reply
  16. N Brown said:

    Why is it called a tech company??? They are a social media platform. They run on tech that they do not create.

    December 27, 2018
    Reply
  17. Doug M said:

    I wouldn't trust Zuckerberg compiling with my shopping list let alone sensitive data.

    December 27, 2018
    Reply
  18. Samuel Anselmo said:

    Them mutha fukas need to be hung with Hillary

    December 27, 2018
    Reply
  19. Alton Riggs said:

    I quit Facebook…still enjoying life.

    December 27, 2018
    Reply
  20. Gin Argent said:

    Oh shit that’s my friends brother

    December 27, 2018
    Reply
  21. chris mclaughlin said:

    I thought the was no trust in any tech company.
    How am I wrong?

    December 28, 2018
    Reply
  22. Lance Rexington said:

    Liberals install fake news on Facebook.

    December 30, 2018
    Reply

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