How Facebook can work and make money despite all its missteps and scandals

Perhaps there is no company in the world that can be compared to a giant named Facebook. Sure, this social network has many primates and constantly attracts investors and paying clients, but its ability to survive and even grow on a wave of constant mistakes and scandals is truly unique. In a negative sense.

Reality and its mitigation and consequences

How is it possible that Facebook, which, in addition to entertainment and space for millions of people, is also a source of constant illegal practices and activities? And with many already being published, there is simply no force to reverse this trend. Of course, the fines imposed by both the European Union and the United States are a reality. However, it does not change the fact that weeks will pass or, at best, months, and there is another problem. Their severity, as it looks when looking at the other associated with Facebook Files, is on the rise. The Washington Post has arranged the entire contents of these documents.

When the case of a former employee (Frances Haugen) and her colleagues was launched in September, revealing the background of the company’s behavior towards juveniles, where at the expense of profits from advertising everything goes sideways, it seemed for a while that perhaps Facebook will no longer stand it. However, this wave has also passed and so far it looks nothing more than a fine. And this is how the company learned to work, basically it can afford anything, it knows that as a result it will be a bit busy for a few weeks, maybe some fine, but the train goes on.

All you have to do is recalculate whether it is still economically advantageous (which it certainly is) and then any effort to correct and improve the behavior of the management is useless (or rather the only man in the background who makes all the fundamental decisions). Why should Facebook change anything? When his actions and illegal activities go on for a long time. It may become a habit that is constantly being written about, but that’s all.

Facebook just can’t be stopped easily. It has strong support from advertisers and users

The intervention via Facebook Files from September this year caused a slight shock in the company’s shares, which have started to decline since September, but a look at the half-yearly forecast speaks for itself, which is an increase of 6.61 percentage points. Again, there is no cause for concern. There are already opinions that Facebook is actually a separate political system, in which there is advertising, violence, entertainment, fraud, influencing politics and elections, just about anything that comes to mind. And with an overlap into the real world. For example, the American judiciary also has a problem with the fact that it is not possible to define Facebook as a monopoly on the market and thus strictly regulate it. Its behavior is assessed in the same way as another entity operating in the market, which is becoming uncontrollable.

It is not yet a vision of which way to go. In addition, the whole Facebook problem has one support, and that is advertisers and users. They simply need and want Facebook, which is a limit that no government can cross.