from the world's big
The World Is Relying On The Virtue Of Mark Zuckerberg To Protect Us From Facebook
"Facebook is going to try to be a monopoly, why would it not?" asks Columbia University law professor and information monopoly expert Tim Wu. "Fortunately, it's a monopoly of social networking. It's not like it's bread or something."
But the potential for Facebook to have the world's monopoly on social networking is not trivial, concedes Wu. It will, after all, be the world's largest repository for personal data, as well as the world's largest digital phone book.
According to Wu, there are three entities that can regulate Facebook—and anything else for that matter: government can regulate from the top down, consumers can revolt from the bottom up, and the company leaders can regulate themselves by choosing to be virtuous.
"That's why Google hasn't been broken up," says Wu. "They have not been evil. That, and they don't know nearly as much about you."
When asked whether it Facebook seems like the kind of company that will engage in rigorous self-regulation, Wu was skeptical. "It doesn't look that promising," he says.
Join the legend of non-fiction in conversation with best-selling author and poker pro Maria Konnikova.
China moves to Russia and India takes over Canada. The Swiss get Bangladesh, the Bangladeshi India. And the U.S.? It stays where it is.
What if the world were rearranged so that the inhabitants of the country with the largest population would move to the country with the largest area? And the second-largest population would migrate to the second-largest country, and so on?
Study finds quantum entanglement could, in principle, give a slight advantage in the game of blackjack.
The space tourism company Virgin Galactic teams up with Rolls Royce to create a new Mach 3 supersonic aircraft.
- Richard Branson's Virgin Galactic has announced a partnership with Rolls Royce.
- The space tourism company will create a new supersonic jet for super-fast travel on Earth.
- The aircraft will travel at Mach 3 – three times the speed of sound.
Credit: Virgin Galactic