What Facebook Knows
Posted in: Legal, Privacy & Security at 18/06/2012 14:11
The company's social scientists are hunting for insights about human behavior. What they find could give Facebook new ways to cash in on our data -- and remake our view of society.
If Facebook were a country, a conceit that founder Mark Zuckerberg has entertained in public, its 900 million members would make it the third largest in the world.
It would far outstrip any regime past or present in how intimately it records the lives of its citizens. Private conversations, family photos, and records of road trips, births, marriages, and deaths all stream into the company's servers and lodge there. Facebook has collected the most extensive data set ever assembled on human social behavior. Some of your personal information is probably part of it.
And yet, even as Facebook has embedded itself into modern life, it hasn't actually done that much with what it knows about us.
http://www.technologyreview.com/featured-story/428150/what-facebook-knows/

