BUSINESS
Chris Hughes was almost right about breaking up Facebook
By Jonathon Trugman
May 12, 2019 | 1:12am
Chris Hughes
India Today Group/Getty Images
So on my Thursday morning commute, when I was finished reading The Post, I opened to the op-ed page in the New York Times that a friend pointed out to me.
Boy, one piece sure sounded similar to something I wrote last November.
It was the one by Chris Hughes that suggested Facebook be broken up.
In a mere 6,000 words, Facebook co-founder Hughes, filled with guilt and angst, wrote about how Zuckerberg has taken over the world and how he, Hughes, should have known that the algorithms he says they built in those earliest years could be an invasion of privacy.
He comes to the conclusion that Uncle Sam should step in and break them up, which is of course a Paul Krugman-type of absurd, socialistic demand that would punish shareholders and destroy America’s greatest job creator — Silicon Valley (as well as Manhattan’s own Silicon Alley).
My opinion, which also received much fanfare, was that in order for Facebook to protect our data and to actually secure its own platforms, it should charge a modest fee to be on it.
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READ MORE: https://nypost.com/2019/05/12/chris-hughes-was-almost-right-about-breaking-up-facebook/
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