The first question asked of our IPT (computer class) in Senior High, by the teacher: "What is the MOST valuable commodity on Earth?"
Hand up, I replied "Knowledge/information". The teacher (top bloke), scowled at me, and said "absolutely... but I was hoping the class would take a little longer to come to this answer".
Since Facebook started, it's IPO, and the following investment in datacentre hardware (some amazing custom stuff, mind you), the intention of the enterprise was obvious. In a vacuum of relevant policy and specific laws, lay great opportunities for those at the pointy end of the free market.
As such, I've never touched facebook. As said in this thread, it's one's right to use/not use it. Every venture as an individual has reward and risk. The only single thing I personally hope, is that Facebook and the like remain a voluntary/"opt in" affair.
Poeple here are smart, they have their own risk/reward equation going. Some in the world are not so smart, and as such, would probably remain personally unnaffected by the most heinous of data breaches anyway.
I've had people literally laugh at me for NOT using facebook. I stood no chance in explaining my reasons, and the relevance of these reasons to themselves also. So, I just told 'em, "I don't have enough time to pay attention to a handful of real friends, how could I handle 300 fake ones?"
So, each to their own... mostly. The only time I've put my foot down, was when my sister shared pictures of our 1st kid with hundreds of people I didn't know (and she barely knew either).
Sorry Pop - happy to send you some popcorn, but I doubt anything I've said above really adds to "the show"