The dissemination of misinformation and authoritative control through Facebook is prevalent in developing countries, where human rights abuses are committed by regimes using the platform to hunt down their opponents. The social media giant prioritizes its market share over combatting misinformation in these regions, putting lives at risk.
The Indian government has been considering a ban on cryptocurrency, but people don't understand how big a deal it would be if they actually do so. Cryptocurrency has been one of the biggest stories in the internet industry in India, as it provides a way to transfer scarce goods in an approval way.
Hackers from Pakistan have repeatedly targeted Indian websites including the National Informatics Centre (NIC), which manages the entire domain registry for .in websites. These cyberattacks highlight the ongoing tensions between the two countries and the potential impact of political conflict on the internet.
The Chinese model of centralized control over data makes a centralized blockchain project concerning for potential failure. While network effects are important for growth, it's important to be cautious of communities overly sure of centralized blockchain ideas.
Facebook is accused of erasing the existence of local activists in Myanmar after responding to a new threat, taking the credit for preventing a potential ethnic cleansing.
The speaker discusses the problem with Facebook's lack of privacy and the possibility of the company isolating themselves from society. They also mention an article about spies within Facebook leaking recordings of all hands meetings.