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bribes and fake sexual situations and we can expose them on video and trick them and manipulate the world. the only irony on that is he was hoisted on his own digital he hasn t been fired. he s been suspended, whatever that means by cambridge. you re right the president was silent, facebook was silent. they now say they are taking action this weekend against cambridge, not because of what they found, not because of an internal audit but because it was in the paper, because it s on tv. everyone who watches msnbc who are pretty sophisticated news viewers knows when you go off tv, out of the news, somebody else s turn, they go back to business as usual. i m having a hard time hearing ari. i have to bring in former democratic senator evan bai, co-chair of the political reform group, no labels. a former member of the senate intel committee. okay, you have to walk us through this. what would you be asking facebook if you were still in
customers. or is it the government that we rely on to protect us? unfortunately, stephanie, both large corporate america and the government today are held in fairly low repute by the american public. so, my guess is most people would say, a, my privacy is pretty important to me. i want to protect it. i m going to ask the government to play a role, but there should be checks and balances and oversight to make sure the government itself can be trusted. so, you entrust some things to the private sector, but with government oversight we ve gone through this, i ve listened to the conversation. you put your finger right on it. innovation moves at the speed of light. the government moves much more slowly. we ve gone through this repeatedly in our country. ultimately the government catches up with some sort of regulatory structure to protect the core interest of the american public. i think that is what s going to happen here as well. here s the thing, evan. we re all kind of sloppy, we
to have their customers opt in than go through all those steps. what facebook will finally conclude, probably mr. zuckerberg as well, it is difficult to be in the large business in the united states touching upon hundreds of millions of people s lives on a daily basis and not be subject to the democratic process. sheryl sandberg put out a statement, i want to share a piece of it, she s sharing mark s post addressing the cambridge analytica news. we know this is a major violation of people s trust and i deeply regret we didn t do enough to deal with it. we have a responsibility to protect your data. and if we can t, we don t deserve to serve you. she goes on to say, you deserve to have your information protected and we ll keep working to make sure you feel safe on facebook. evan, at the end of the day, for the consumers out there, who do they rely on to be protected? is it corporate america, who we know they care about their shareholders, employees and
that it s a risk. but we don t realize how big of a risk it is because we continue to do it. well, therein lies i think maybe one of your other guests mentioned, what is the term, informed consent mean? we get these documents in the financial arena that are 50 pages long, filled with so much fine print. is it really reasonable in the real world to expect the average american to read through that and understand what they re signing away. probably not. so, you have to come up with a different construct in this highly technical rapidly evolving area. is it really most americans have the ability to make informed choices. if they don t, that s where government oversight has an important role to play a. they certainly a time for government oversite. it is time for a facebook that has millions upon millions of users and they have to win back some trust. evan bai, thank you so much. anna schecter, ben pop kin, ari melber who has now left us. i am dying to take a break
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