It’s been a tough week for Chamath Palihapitiya, the previous Fb vp whose harsh criticism of the social networking big led to a uncommon rebuke from his onetime employer and made him a headline subject all through the tech world.
Now he’s attempting to place out the fireplace he began.
Throughout an interview on the Stanford Graduate College of Enterprise final month, Palihapitiya mentioned social media is damaging the fabric of society, including that he felt “great guilt” for serving to the corporate turn into the behemoth it’s in the present day.
“It actually is at some extent now we have created instruments which are ripping aside the social cloth of how society works,” mentioned Palihapitiya, who now runs the enterprise capital agency Social Capital and is a co-owner of the Golden State Warriors.
“That’s actually the place we’re. I’d encourage all of you how you can internalize that is — in the event you feed the beast, the beast will destroy you.” The remarks, which surfaced solely not too long ago, drew a response from Facebook, which mentioned in a press release on Tuesday that “Chamath has not been at Fb for over six years. Fb was a really totally different firm again then and as we have now grown we have now realized how our duties have grown too.”
On Friday, Palihapitiya was searching for closure. Having mentioned that he not often makes use of Fb and that he wouldn’t let his personal kids use it, he went on Fb to “develop on my feedback earlier than we break for the vacations.”
“I made some sturdy remarks about social media platforms, together with Fb, at an occasion at Stanford final month which have taken on new life prior to now few days,” he wrote. “For all the following controversy, I genuinely imagine that Fb is a pressure for good on this planet, so I’d wish to develop on my feedback earlier than we break for the vacations….
“My feedback have been meant to start out an essential dialog, to not criticize one firm — notably one I really like. I feel it’s time for society to debate how we use the instruments provided by social media, what we must always count on of them and, most significantly, how we empower youthful generations to make use of them responsibly. I’m assured that Fb and the broader social media class will succeed as they navigate this uncharted territory.”
Fox Information’ Chris Ciaccia contributed to this report.