News > Financial Services

Salesforce's Marc Benioff: Facebook is as Unhealthy For You as Smoking

By NexChange
Financial Services

While Silicon Valley has lately been sounding the alarm – and perhaps expressing a little remorse – about the detrimental effects that excessive time spent on smart phones can have on children, Salesforce CEO Marc Benioff sees another evil force lurking out there in Silicon Valley: Everyone’s favorite punching bag, Facebook.

In an interview with Recode‘s Kara Swisher for a Nov. 18 special called Revolution: Salesforce Changing the World that’s set to air on MSNBC, Benioff tells Swisher that Facebook has become “the new cigarettes,” as CNBC reports.

“You know, it’s addictive. It’s not good for you. There’s people trying to get you to use it that even you don’t understand what’s going on. The government needs to step in. The government needs to really regulate what’s happening,” Benioff said.

Whether or not Facebook is addictive, as Benioff claims, the largest social media company in the world has come under increased scrutiny from regulators and the public over its failures to protect user data, resulting in two recent major security breaches. There has now been a push to replace CEO Mark Zuckerberg as chairman of Facebook’s board.

Despite Facebook’s recent struggles, Swisher sought to get Benioff to explain how the social network could be as bad for people’s health as cigarettes, according to CNBC.

Benioff expressed concern over Facebook’s impact on children in particular. When Swisher pushed back on the comparison of Facebook to deadly cigarettes, Benioff stood by his assessment.

“Well, I think this is… the right comparison that we can see that, you know, Facebook can have very serious effects on society the same way that cigarettes can,” he said.

For his part, Zuckerberg said during a hearing before the House Energy and Commerce Committee that he believes regulation of his industry is an inevitability.

Photo: Salesforce

Subscribe to our Newsletter

Be one of the first to experience the future of financial services