caption Facebook CEO Mark Zuckerberg. source Reuters Roger McNamee was once one of Facebook CEO Mark Zuckerberg’s closest advisers. He told Business Insider why he thinks Facebook’s “surveillance capitalism” business model is toxic for democracy. McNamee said it is down to Zuckerberg to transform the way Facebook makes money or risk “threatening the very foundations of global order.” Zuckerberg doesn’t seem inclined to agree. He published a defiant blog on Monday, which said people are overly focusing on the “negative” aspects of the social network’s impact. A Facebook spokeswoman said: “The reality is Roger McNamee hasn’t been involved with Facebook for a decade.” Roger McNamee was once part of Mark Zuckerberg’s inner circle of trusted advisors, who was instrumental in helping the Facebook CEO with one of his smartest moves: hiring Sheryl Sandberg from Google. But more than a decade on, McNamee has fallen out of love with Facebook, and his unique view from inside the company now makes him one of its sharpest critics as an outsider. So much so, McNamee has written a book called “Zucked,” which tells the story of how he transformed from early investor to woke activist. In a telephone interview with Business Insider, McNamee… Read full this story
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