Peter Parker

Quick origin story – High school student Peter Parker is bitten by a radioactive spider on a field trip and develops amazing abilities like super strength and the ability to crawl up the wall. At first, he uses these powers to make a little cash on the amateur wrestling circuit. A robbery occurs and he stands aside. “Not my problem,” he tells himself.

But it is his problem because within hours the thugs he could’ve stopped end up killing his beloved Uncle Ben.

Before his death, Ben manages to impart one gravely important message to his nephew: “With great power comes great responsibility.” For Peter Parker / Spider-Man, this becomes a mantra. A recurring theme as the boy becomes a man and the man becomes a superhero.

Here’s another origin story – College student Mark Zuckerberg builds a dating website out of his dorm room which develops into an amazing platform for communication for billions of people around the world. At first, he uses his power to make a little cash in the advertising game. An election hijacking takes place in the greatest democracy in the history of the world and he stands aside. “We’re just a platform,” he tells his users and employees.

But it is his problem because within weeks of the election the lurid details about how foreign interests commandeered the brains of US voters begin to come out, killing American trust in our political process.

And now the blowback is beginning to make headlines. The issue isn’t going away. Governments and citizens around the world are beginning to remark on it. Zuckerberg is now forced to cooperate with a special counsel appointed to investigate the impact that outside forces had on our election. They’ll want to know how aware Facebook the company was. They’ll want to stop this activity in the future. They’ll want answers as to how this can be done.

Peter Parker, now grown, is dealing with super villains bent on global domination and the destruction of our way of life. So is Mark Zuckerberg.

“Not my problem” isn’t going to cut it anymore. “We’re just an ad company” and “we’re not in the media business” won’t keep the investigators and the arm of the law at bay.

This might be the mighty Facebook’s biggest challenge yet. And it’s not going to go away.

With great power comes great responsibility.

Read:

Facebook’s Frankenstein Moment (New York Times)

I Helped Create Facebook’s Ad Machine. Here’s How I’d Fix It. (Wired)

Obama Warned Mark Zuckerberg About His Platform’s Problems (New York Magazine)

Mark Zuckerberg Can’t Stop You From Reading This Because The Algorithms Have Already Won (Buzzfeed)

A Legitimate Worry for Facebook Investors (Barron’s)

The Worm Has Turned (L2)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Immediate Edge Review 2020 commented on Sep 23

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  2. kid commented on Sep 25

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  3. blazing trader reviews commented on Sep 28

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  4. Bitcoin Era Scammed You? commented on Sep 30

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  5. massage coquin geneve commented on Oct 12

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  6. Electricity Rates commented on Oct 26

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  7. Harold Jahn Alberta commented on Nov 13

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  8. td easyweb ca login commented on Nov 15

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  9. Led Rave Mask commented on Dec 07

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]

  10. Buy Steroid Online commented on Jan 18

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2017/09/25/peter-parker/ […]