Will the survival of Facebook be affected by trust issues?
Will the survival of Facebook be affected by trust issues?
Trust in sources that we depend on for business and personal decisions is critical. A platform that aggregates opinion and news should be held to the highest standard of trust and honesty. Last week we heard that Facebook's moderating system XCheck gives special privileges to some celebrities and po...

Business and personal decisions are dependent on trust in sources. A platform that gathers opinion and news should be held to the highest standards. If Facebook acts against its users, it can cause damage at a national or even planetary level by inciting people to act against their self-interest.

profits from illegal activity rip off users been flagged 

We heard last week that some celebrities and politicians have special privileges on Facebook. It has been reported that Facebook profits from illegal activity, that it keeps the money it earns from fraudulent ad campaigns that rip off users, and that its property has recently been flagged as harmful to young women.

The issue comes down to what appears to be a financial model that puts revenue generation ahead of decisions. This policy could be terminal for a company that behaves badly globally, just like any illegal scheme.

In recent years other countries have come around to the idea that Facebook is harmful, as the poster child for going after Big Tech domestically. Some of these are under authoritarian rule.

Microsoft was hated the most in the 90s. It was replaced by Google for a while. Facebook has made its goal to be destroyed by its actions so it has taken other U.S. tech companies with it.

This week, let's talk about that. I will close with my product of the week, the solar panels I just installed at my home after researching which are the best, and they weren't made in China.

Facebook. Problems begin with its revenue source.

The first wave of free services were supported by ad-based revenue.

Print media had to keep ad payers separate from content control or they would lose trust. The initial TV news programs implemented similar policies. The shows were surrounded by regulations that made them honest and balanced.

Revenue focus appears to be the most important factor when making decisions. Activities that appear illegal are often forced by the over-focus on revenue.

Money is the root of evil, and we have watched industries like tobacco, oil and pharmaceuticals drift to harm scale to protect and increase their revenues.

If the reports I mentioned earlier are correct, Facebook is making a lot of money from criminal activity on its platform, and it shouldn't be long before an attorney general implicates the company and its CEO.

Competition serves the customer.

Microsoft, whose 1990s drift to bad behavior pales in comparison to what's reported Facebook is doing, had a similar extreme focus on revenues. The company has become one of the biggest open source contributors due to its shift to understanding and helping customers as a primary priority.

Microsoft promoted bad customer behavior and led the technology market from individual sales to services. Customers and vendors need to be more closely connected. The old AT&T and cable companies are examples of services companies that have developed an impressive amount of customer hatred.

Competition helps to make a company think twice about taking customers for granted.

I had a conversation with one of the CMOs when I worked at IBM. I was concerned that we were not going to fulfill our promises.


#ethical behavior
 

He said, "Rob, you just don't understand; we are so dominant, they have to buy from us." Over the years, I have thought about that conversation a lot. I have concluded that if you don't put your users first, you will eventually kill your company because you'll put revenue and profits first.

Over the years, I have covered a lot of successful antitrust action that puts customers and users first. The DoJ and FTC are focused on citizen harm, so exposure makes sense. Excess profits are not a problem if you aren't harming anyone. If you are making money from harm, those agencies will not take exception.

The person needs to go.

There is a lot of problem at Facebook. He might be considered the poster child for un-caring CEOs due to his inability to grasp human behavior. While he is intelligent, he also has terrible people skills.

Facebook is powerful enough to go against governments, according to the man. He is not alone. Over the years, I recall many CEOs thinking the same thing. They are now ex-CEOs because of that. Facebook can't match up with an entity with a standing army and law enforcement capabilities.

this WSJ article 

One of the most damning allegations in the WSJ article is that a Mexican drug gang used Facebook to recruit, train and pay hit men. It is hard to see how profiting from this kind of activity would be good for the company.

Facebook needs to bring in a new CEO that can fix its focus and behavior so that it doesn't harm users.

It was wrapping up.

Facebook plays an important role in spreading information. It needs a behavioral fix because so much of it is false and harmful. Even if executives aren't criminally charged, the company will get regulated out of business.

Right now, Facebook is not free. Over the years, I have fallen for scam ads that have cost me over $1,000. That is a lot for a free service. Many of you have similar stories.

I see ads that have copied legitimate campaigns to offer significant discounts on products they don't intend to ship. I have some good stuff off the service as well. I have learned to look for deals that are too good to be true, and to check to see if anyone else has flagged the vendor.

I don't think Facebook will be around at the end of the decade. Facebook could be a great agent of good if it were properly run. Right now it is not an agent for good.

The NeON R solar panels are made by the company.

I just completed a large solar installation. This is my second installation. The panels from my first installation have aged a lot.

The first installation lost a lot of efficiency over the first decade. Panel efficiency has improved. You want to focus on yield and warranty because getting these things fixed can be expensive.

here exiting manufacturing 

The average is that when it comes to efficiency and warranty, LG is the leader with a warranty of 25 years with better than 90% performance remaining. There are more solar panel rankings here. One of the largest manufacturing companies in South Korea is likely to be around 25 years from now, while SunPower may be exiting manufacturing entirely.

LG 400 Watt NeON R 

If it weren't for the change in manufacturing, I would have chosen them instead. Maxeon will take over manufacturing once this SunPower exit is positive. The panel behind the 400 Watt NeON R panel was dropped because of an unknown long-term risk. I want them to last as long as possible, but they aren't cheap.

The NeON R solar panels are made by the company.

A&R Solar 

I asked for the closest installation. They gave me A&R Solar. A&R did a great job with my installation.

My roof is metal and complex. The installation looks good, and A&R took extra care to blend things in.

It is a connected installation that allows me to monitor it over the internet. On Thursday at 1:30 p.m. The system was cranking out 12.5 kilowatts which seems to be the peak for the day.

I have also ordered batteries from them, but their review will have to wait because they are back-ordered.

I put my money where my mouth is and bought the NeON R solar panels, they are my product of the week.

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