Zuckerberg says it takes years to solve the Facebook’s privacy problem

According to the Daily Mail reported on April 3, according to Mark Zuckerberg, Facebook needs “a few years” to resolve this abuse of user data. In an interview with news site Vox, Zuckerberg defended the company’s business model and responded to criticism from Apple CEO Tim Cook last week about Facebook.

By Presidência do México (Flickr) [CC BY 2.0], via Wikimedia Commons

Zuckerberg also stated that one of Facebook’s problems is that it is too “idealistic” and focuses on the positive influence of bringing people together.

Zuckerberg said that he did not spend enough time thinking about some of the negative effects of using these tools. “I think people are right now paying attention to some of the risks and deficiencies. I think we will fully investigate and solve the problems, but This will take years, and I certainly hope that I can solve all the problems in 3 to 6 months. But I think the reality is that even if only part of the problem is solved, it will take longer.”

Zuckerberg also refuted Cook’s criticism of Facebook’s business model. Cook said last week that Facebook’s business model is to collect user data and then sell it to advertisers for profit.

But Zuckerberg claims that Facebook’s business model is the only way to provide people with free services and not sell astronomical products like Apple. “We want to connect people all over the world, but many people can’t afford what they need.” Fees. As with mass media, the revenue-generating model is the only reasonable model.”

Since March 16, Facebook admitted that user data was inappropriately leaked to Cambridge Analytics, Facebook’s share price has fallen by 13% and its market value has evaporated more than $70 billion. Zuckerberg’s personal wealth evaporated more than $10 billion, leaving only about $60 billion.