Mark Zuckerberg Says Facebook Must Be Regulated To Win Back User Trust

In in the wake of multiple data and privacy scandals in recent years, lawmakers have begun to discuss the possibility that Facebook may require government regulation to properly protect its users. And, somewhat surprisingly, even Facebook itself agrees.

This week, Facebook founder and CEO Mark Zuckerberg took to several platforms to express a desire for his company to be regulated. According to him, it won’t be possible for the social media giant to win back user trust without the government putting some rules in place.

“If we don’t create standards that people feel are legitimate, they won’t trust institutions or technology,”  Zuckerberg said in an op-ed published in the Financial Times this week. “I believe good regulation may hurt Facebook’s business in the near term but it will be better for everyone, including us, over the long term… People need to feel that global technology platforms answer to someone, so regulation should hold companies accountable when they make mistakes.”

Of course, this naturally raises the question of how much regulation Zuckerberg would actually accept once he’s faced with it. And it’s ultimately a pretty convenient way for Facebook to pawn off its security responsibilities. Still, the more eyes that see what Facebook is really doing behind the scenes, the better.




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