Facebook is just Mark Zuckerberg’s business and I’m no longer a loyal customer.
~ Friday, January 5, 2024 Blog Post ~
Based on a Tuesday, January 2, 2024 regulatory filing, Mark Zuckerberg unloaded almost 1.28 million Meta Platforms shares between November 1, 2023 and the end of last year. The social networking company’s CEO sold shares each trading day worth roughly US$428 million, per Bloomberg.
This event happened following a two-year break, in which Facebook’s stock price hit its lowest in seven years. With this report, I’m more discouraged to use the social media site.
I have had a Facebook account since 2008. I was invited by a college classmate to join this renowned social media platform at that time. At first, I relished posting my selfies, sharing about my activities for the day, revealing my innermost thoughts, and so forth on the site. However, 15 years later, I realized I don’t like using Facebook anymore.
Here are my four primary reasons:
1. Dizziness
As the world’s leading social media platform, Facebook has considerably evolved, with professional version for users and countless other features. This nature of the site has made me feel woozy.
2. Attention seekers
Another thing that I resent about using Facebook are the users who have become attention seekers. Many demonstrate a lack of self-control and cannot seem to keep their thoughts to themselves.
Furthermore, I dislike and find it childish to share every personal thought, photo, sentiment, and activity on Facebook to fish for comments and attention.
The social media platform’s users can tell if someone is mentally fit or unwell based on his social media posts. I also don’t like how people feel inconvenienced by the compare-and-despair feeling Facebook instigates.
3. Time waster
While I still have my Facebook account, I rarely tap the platform’s application on my phone. Additionally, I don’t post updates anymore and just let my Facebook friends such as my older sister tag me on her photos at work.
I don’t scroll on my news feed for hours anymore, unlike when I was a new user. While I check Messenger for direct messages, I no longer upload my pictures on Facebook Stories and Instagram.
4. Loss of control over one’s life
I figured Facebook wants to take over people’s entire lives. To join this Meta platform, users have to input private information like their e-mail address and phone number, which serve as their ID. I find the social networking service provider acting like the law enforcement authorities, but it is not the police.
With this terrible feature, I have detested Facebook and have valued my offline life more and more. Privacy is sacred, and I refuse to give it up to a website that is just financially benefitting from collecting my personal data to a disproportionate extent.
Moreover, silence is for everyone’s safety. Facebook and its users can manipulate others into giving incriminating details. Although I’m keeping my account, I don’t use it much anymore.
For over a year already, I haven’t shared anything about my personal life on Facebook. Furthermore, I don’t check a friend’s page on the social media platform. And the results of my Facebook abstinence? PEACE OF MIND and SERENITY !
In the last two months of 2023, Zuckerberg sold Meta Platforms shares worth almost half a billion US dollars. He owns approximately 13 percent of Meta Platforms.
Obviously, Zuckerberg financially benefits to a great extent with Facebook in operations. He is the world’s seventh-richest person with approximately US$125 billion in net worth, per the Bloomberg Billionaires Index.
Since Facebook’s inception in 2004, the Meta Platforms CEO has gotten super richer than ever, quite unfortunately, at the expense of users, many of who have given up their privacy, not to mention their sanity and peace of mind.
With such grave disadvantages for users, I don’t want to become an active member of the Facebook community anymore. Facebook is just Mark Zuckerberg’s business and I’m no longer a loyal customer.
References:
https://www.businessinsider.com/mark-zuckerberg-reinvented-himself-and-got-richer-this-year-2023-12
https://edition.cnn.com/2023/12/12/investing/premarket-stocks-meta-mark-zuckerberg/index.html
