Who does Facebook serve?, Opinion News & Top Stories – The Straits Times

The arm-wrestling in Australia, with Facebook and big tech taking on the government and much of civil society, crystallised a question of global concern: What is the purpose of a firm that is based on the sharing of content, which it neither pays for nor takes responsibility for, despite earning US$85.6 billion (S$114 billion) last year?

Although only a decade and a half old, Facebook already seems out of step with new environmental, social and governance (ESG) standards that the world demands from global companies. Instead, it seems focused entirely on turning in huge profits, regardless of the cost to the democracies and societies it claims to serve.

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