Facebook, Scott Galloway, Cara Swisher discussed on Pivot with Kara Swisher and Scott Galloway

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CARA Swisher that I'm Scott Galloway staring at. Moment an enormous tree in the same room. So you can probably feel the banter and the electricity. Yes, here we are here city. So there's a lot to talk about. So let's get into it. Because we only got a few more shows before the new year. But obviously, again, we're talking about Facebook another story from the New York Times again about Facebook's violation of privacy. Which is something they've been doing since the beginning. But a really bad one again selective. Handing out of of information to different groups depending on partnerships and things like that. And what what is your sense of? How was was as pure oversight? Or was it a pay to play? Thank who got special different people got different things for different partnerships. I think that's the thing is that they were sort of. They were giving special me they weren't selling the data. They were giving away as part of partnerships. And then it depended on whether it was the Royal Bank of Canada or Netflix or Spotify or being or things like that. And so various they gave away various bits of privacy. And sometimes the the the the partners didn't even use it or didn't intend to use it. Yeah. They were just, you know, they they had this partnerships thing, I think it was under Dan, ROY. Who has since left Facebook. And I think they were making partnership that for partnership to to to to advantage Facebook and part of the deal as they did with the Cambridge analytic information to give to third parties to track. People the platform, they give away different benny's, essentially. Consumers love friction Lewis content and things for free and in this part of the downside. But we have you heard have you reached out to Facebook. What's their official responsible responses that we have been trying to be transparent? We I think the issue is that it piles onto other things face for misusing data. And whether you know, it's interesting because I put up something like this more than any of these shows kind of sloppy management of partnerships. Really people were like, no, it's criminal. No, it's this. It's not criminal necessarily in. The question is who's going to decide whether people gave consent whether they should've gave consent. I, you know, I think the get all people on the hill all mad because angry about the Russia stuff. And we'll get to that. Because it's something else came out earlier this week about Facebook and Twitter and Google, but I think it's a question of their their sort of sloppy management of data and their voracious sucking in of data at the same time. So so my question is this feels a little bit Trump in in the sense that when there's so many dumpster fires. You just see a fire and one dumpster fire. Doesn't look any brighter than the other. Are we just becoming inoculated or numbness people? I think this kind of stuff does get congress going and get get regulators going, and you just saw today the district of Columbia is L suing Facebook based on the camera Janelle Lyrica stuff. So I think just what happens is a pile on which has happened to them before when they had beacon if you remember it just was a much smaller environment, and now everybody is piling on. And it's not just what's interesting is there's one sort of attack from the privacy angle, and what people gave consent to and the misuse of data or the use of data properly, but not in ways people thought it was being used and whether that was a legal or not illegal. And then there's the question of malevolent actors using the platform as it was built. And then there's an issue addiction. And then there's an just it all sort of missed mush up together and gets away from the fact is are people using this product. Then did they like using this product even at the cost of privacy? But it is point. I would argue there doesn't seem to be any evidence that consumers care. Yet. I don't agree with that. I didn't young people don't wanna use Facebook. I don't know if it's because of privacy issues, I think it's others uncool. I think pretty pretty much, but the issue is can they facing all these various things can they continue to innovate and run their company when they're facing so many inquiries, which.

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