Zuckerberg Admits Facebook Screwed Up in Several Areas

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Facebook is still trying to repair its image after a disastrous March thanks to privacy concerns. The company’s CEO, Mark Zuckerberg has also been at the front to try to repair the company’s image and one way he is attempting to do that is by holding a conference call that was held yesterday.

In this conference call transcript, Zuckerberg went straight out and did not go to the defensive when answering hard questions about protecting people’s information.

“But i’s clear now that we didn’t do enough. We didn’t focus enough on preventing abuse and thinking through how people could use this tools to do harm as well,”  Zuckerberg said. “That goes for fake news, foreign interference in elections, hate speech in addition to developers and data privacy.” He also admitted it was a mistake. S” We didn’t take a broad enough view of what our responsibility is and that was a huge mistake. It was a mistake.”

A journalist lso decided to question Mark’s ability continue being the CEO of Facebook and he was not shy to admit there was no one to blame. “Yes, I thin life is about learning from the mistakes and figuring out what you need to do to move forward,” he said. “The reality of a lot of this is that when you are building something like Facebook that is unprecedented in the world, there are going to be things that you mess up.”

Mark Zuckerberg admitting that the company did not do enough to protect users against fake news, hate speech, foreign interference and data privacy is good, but we will have to see whether the measures they have put in place will work. Also, such proclamations are yet to been seen whether they would affect the battered stock price and public perception of the company.

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