Will Facebook Change Their Policy?

You may be aware that Facebook recently changed their privacy settings that by default allows anyone on the Internet access to your personal stuff. Though Facebook states that any user can turn this feature off, some consumer groups believe that this is a violation of privacy laws. Ten consumer groups have filed complaints with the FTC asking that Facebook be investigated for these changes.

In a recent article it also states that:

The move could push users to share more information to a broader audience, mirroring the structure of Twitter, the increasingly popular microblogging service. It also theoretically could create more opportunities for online marketers.

But Facebook’s privacy changes have elicited widespread criticism. EPIC said in its statement that the service “should not be allowed to turn down the privacy dial on so many American consumers,” adding that the changes “violate federal consumer-protection law.”

EPIC is joined in its complaint by groups including the American Library Association, the Center for Digital Democracy and the U.S. Bill of Rights Foundation.

My personal belief is that Facebook is loosening their security in order to provide marketers access to the 350 million members. If anyone believes that the folks at Facebook set up the social networking site because they love you, you are sadly mistaken. The purpose was to make a buck. The buck making starts now.

But that is just my two cents. What do you think?

Comments welcome.