Sean Parker, Co-Founder of Facebook said that the platform was developed to exploit vulnerability in human psychology. He made this statement in an interview at Axios event held in the National Constitution Center in Philadelphia on November 8, 2017.
Sean Parker, Founding President of the company, said the social media platform is a “social-validation feedback loop”. He added that this is thing that a hacker like him would come up with.
He said, “The inventors, creators — it’s me, it’s Mark, it’s Kevin Systrom on Instagram, it’s all of these people — understood this consciously. And we did it anyway.”
Parker stated that a like or comment on the post increases the level of dopamine in users. Moreover, it encourages them to post more.
He used to tell the investors who refused to back them in early days that they will get their backing eventually.
The Co-founder of the California-based social media giant was unable to understand the consequences of what he said to those investors. The growth of user base to one billion, then two billion, he outlined, has unintended consequences. As the company becomes huge, it changes the relationship of the founders with the society and others.
Parker said, “It probably interferes with productivity in weird ways. God only knows what it’s doing to our children’s brains.”
He resigned from his post as the president of Facebook after two years of its foundation in 2004. According to his LinkedIn account, he is still the chairman of a Facebook segment related to social causes and awareness.