He Quite Literally Stole the Idea of Facebook

The point was to get social media CEOs on the... [Outsider Club Header] Feb 14, 2024 By for the Outsider Club He Quite Literally Stole the Idea of Facebook Dear Reader, It’s been a wild few days for Mark Zuckerberg, the man behind Facebook and now Meta. That’s because he was grilled alive by the U.S. Senate Judiciary Committee who held a hearing about social media safety last week. In fact, all the social media bigwigs were there, including the CEOs of Snap, TikTok, X, and Discord. The point was to get social media CEOs on the record to testify about the harms of social media on kids and to get their approval of a new bill called the Kids Online Safety Act. The Biggest Lithium Mine in America? A small mining firm is on the brink of tapping into the largest lithium reserve known to man. Buried inside an obscure caldera beneath Oregon is a lithium deposit potentially worth $1.5 trillion. With an initial goal of extracting 40,000 tons of lithium per year, this company is racing toward becoming the world's largest lithium mine. And right now you can grab shares of this miner for around $5. [Go here to explore the stunning details.](  In the back, parents of children who’ve died or suffered could be seen holding up pictures of their loved ones. The scene was chaotic and a bit awkward. While many see this hearing as a win for Republicans and Democrats who banded together to address something as obvious as child safety online, it came off as a bit of a circus act. Many of the questions were disingenuous and vitriolic, used to drum up emotion and fear. Zuckerberg was asked if he would take personal responsibility for the children and families that have been harmed. He was even asked if he would compensate them with his own money. It was basically the Senate committee yelling at the CEOs out of frustration. It also felt like they were showing off for the parents and using Zuck as a scapegoat for a systemic and societal issue. And they barely let any of the CEOs answer any questions. Now, Zuck’s no stranger to controversy, but this time you could visibly tell by the look on his face that he’s worried. He even issued an awkward apology to the families on live TV. Tiny Stock Has 264 Patents on Groundbreaking AI Tech A little-known AI tech is becoming critical to the operations of 94% of corporations... It’s projected to be in nine out of every 10 cars by 2028... And is already essential to the workflow of 80% of hospitals. Which is the real reason why Bill Gates bet an enormous $20 billion on this AI niche... double what he invested in ChatGPT. Yet one tiny company already holds 264 ironclad patents on this tech. And it's lined up to hand savvy investors like you 5,300% profits. [Click here for the full story.]( He said, “I’m sorry for everything that you have all been through. It’s terrible and no one should have to go through the things that your families have suffered.” He added that the company’s investing in “industry-leading” efforts to research and combat these problems. AL Jazeera reminded us of all about this: This apology adds to a long list of apologies Zuckerberg has issued since he launched Facebook in 2004 when he was 19 years old. Early after the website was launched, he mocked the 4,000 students who had joined Facebook, bragging to friends in text messages about the vast amount of personal information he had collected thanks to the misplaced trust of his users. Zuckerberg called them “dumb” and punctuated the word with profanity. In 2010, he apologized for his words. Zuckerberg has also repeatedly apologized for concerns related to privacy and user data. Zuckerberg is no stranger to controversy. He quite literally stole the idea of Facebook. Everyone knows it despite his initial lies. He settled out of court, paid millions of dollars to his friends, and ran away with the company. Heavy is the head that wears the crown, Zucky. So if Facebook was founded in an unethical way, it only tracks that it’s being run in an unethical way. That won’t change, so we need government intervention through the bill that the Senate is trying to pass. Zuck constantly says that social media is built for the greater good and that it brings people together, but time and time again we see that’s just not true. And when you further allow your company to be manipulated by the federal government for election purposes, well, you’ve just sold your company up the river. Needless to say, I’m not the first person to rush in to defend Zuck. But the more I listened to the hearing, the more I felt like someone’s got to stick up for this guy. In a lot of ways, it’s not Zuck’s fault. In its original form, Facebook was meant to connect Ivy League college students. It then expanded to all colleges, and that’s when it was in its prime. However, once the ads started rollin’ in and you saw grandma commenting on your pictures from a wild night, well, it was time to toss it in the trash. We act like social media is a necessity, like it’s a utility. Literally none of us needs to use it. We choose to use social media. Yes, it’s addictive and, as an old colleague of mine used to say, it should come with a Surgeon General’s warning — but who’s really to blame? Oppenheimer Would NEVER Have Seen This Coming After 70 years, J. Robert Oppenheimer’s legacy is being rewritten. It’s all due to the breakthroughs being made in next-gen nuclear technology, like small modular reactors (SMRs). These mini reactors are safer, smaller, and will start popping up all over the world in the next few years... But the real opportunity isn’t in the builders of these SMRs — it’s in their fuel source. [You need to see this one for yourself immediately.]( Children should not be using social media in the first place, just like they shouldn’t be drinking alcohol or smoking cigarettes. It needs to be severely restricted. Ah, but that won’t bode well for Zuck’s media empire of ads. Here’s an idea… If you don’t like Facebook or Zuckerberg, don’t use his platform. Remember, you vote with your money, time, and attention. Every time you use Facebook or Instagram, you’re giving Zuck money. Every time you’re about to doom scroll through your feed, why not open a book? I kicked social media out of my life years ago now, and I legitimately don’t miss it at all and can’t imagine going back. It was great in college, but now I guess I just don’t care. I don’t know, maybe I’m weird, but I’ve got way better things to do with my time then waste it online. If I need social interaction, I can go do a hobby. I try to cultivate relationships with those around me and give people phone calls — remember those? — instead of a DM on Instagram. So, look, instead of blaming Zuck for all these problems, maybe the Senate committee needs to understand why people are so hell bent on using social media in the first place. There are deeper societal problems at play here. Maybe if people were content with their current lives, they wouldn’t feel the need to post everything online to strangers. And again, children should not be using social media unless it’s an account run and supervised by the parents. But even then, I just don’t see a need for one unless you’re in college, plain and simple. After the mauling, Zuck retreated to his million-dollar home and is still licking his wounds. One last thing, and this is important... You don't need social media to survive, but it needs you to survive. Stay frosty, Alexander Boulden Editor, Outsider Club After Alexander’s passion for economics and investing drew him to one of the largest financial publishers in the world, where he rubbed elbows with former Chicago Board Options Exchange floor traders, Wall Street hedge fund managers, and International Monetary Fund analysts, he decided to take up the pen and guide others through this new age of investing. [Check out his editor's page here](. Want to hear more from Alexander? [Sign up to receive emails directly from him]( ranging from market commentaries to opportunities that he has his eye on. Follow the Outsiders [YouTube]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy[here](. Outsider Club, Copyright © Outsider Club LLC, 3 E Read Street Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. 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