It is interesting how the cable TV has for decades been regulated in terms of customer profiling, data collection, political advertising, content, and anti-monopolization. But FaceBook hasn't been held to the same standard. At some point in scale, a social media website isn't just a place where college kids and soccer moms go to post their photos and share common interests; it becomes a global network and monopoly with far reaching hooks into the economy, politics, and folks personal lives.
The thing about FaceBook being leveraged as a general purpose login and profile framework for unrelated websites is particularly problematic given that FaceBooks primary revenue model is hoarding data and selling it to 3rd parties. Those people at Cambridge Analytica arn't just irresponsible, they are total creeps and sycophants. They were caught on tape bragging about how they use, not only fake news but also: spies, prostitutes, and black mail to influence the outcome of political elections around the globe.
Is this who we want entrusted with our personal data?
In light of all these scandals, when we tell our family and friends that we work in the data analytics industry, what will they think of us?
"Do not seek to follow in the footsteps of the wise. Instead, seek what they sought." - Matsuo Basho