Chamath Palihapitiya, a Sri Lankan raised in Canada is a former Facebook executive who believes that social media is ripping society apart. He joined Facebook in 2007 and eventually became the vice president of user growth. Palihapitiya soon realized it was a big mistake growing a company which can manipulate people to do anything they want.
He explained a situation where Whatsapp a popular social media application trapped seven Indian innocent people into suspects of kidnapping.
“I think we have created tools that are ripping apart the social fabric of how society works,” he told an audience at Stanford Graduate School of Business.
Over the course of the last few years many who have helped build Facebook have mentioned the effects of social media in psychological manipulation. Reports even state that Facebook used its influence in amplifying fake news connected to last year’s US election. Some have even stated the effects of Facebook in connection to Rohingya’s ethnic cleansing problem.
Palihapitiya has worked in Silicon Valley for so many years, and still does not believe in these companies. He believes that the investors pump money into idiotic companies. In due discredit to the whole system, he is the founder of his own VC firm called Social Capital which focuses on broader companies linked to healthcare and education. He is even part owner of the Golden State Warriors.
Facebook has claimed that Palihapitiya has worked not more than six years and that Facebook has changed a lot since then. Palihapitiya hardly uses Facebook and tries his best for his children to stay away from it too, due to the unintentional reprogramming of the intellectual mind.