Former Facebook exec won’t let own kids use social media, says it’s ‘destroying how society works’

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Chamath Palihapitiya, a former Facebook executive and the CEO of venture capital firm Social Capital, said in a November interview that social media is damaging society and voiced concerns about its impact on his own children.

Watch the above video for more info.

In the November interview at the Stanford Graduate School of Business, Palihapitiya, also a co-owner of the Golden State Warriors, said that he feels “tremendous guilt” for helping build Facebook into the behemoth it is today. Palihapitiya joined the company in 2007 as its vice president for user growth, three years after it was founded in a Harvard dorm room by Mark Zuckerberg.

“I think we all knew in the back of our minds, even though we feigned this whole line of ‘unintended consqeuences,’ I think in the back recesses of our minds, something bad could happen,” Palihapitiya said. “It literally is at a point now we’ve created tools that are ripping apart the social fabric of how society works. That is literally where we are. I would encourage all of you how to internalize this is – if you feed the beast, the beast will destroy you.”

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