An investor asked Mark Zuckerberg if he would give up some of his power for the good of the company. She didn’t get an answer, but she asked the right question.
At Facebook’s annual shareholder meeting, a shareholder stepped up to the microphone and asked Mark Zuckerberg if he’d be willing to cede some of his power in the organization, perhaps by stepping down as CEO or chairman of the board. Zuckerberg holds both those positions now. He also holds 60% voting power on any issue as well as full veto power.
First Zuckerberg gave a long indirect answer in which he called for government regulation and referenced his plans for an outside advisory board that would make judgments on harmful content. (Such a group, if it existed, might have made the call on whether the recent Nancy Pelosi deepfake video should have been removed.)
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