Adding more fuel to the fire that is feeding facebook’s fall from grace, here is a graphic that demonstrates the evolution of facebook’s privacy settings over time.

The Guardian’s Andrew Brown, who provided the link had this to say:

    “Ten years ago, when the British government proposed to make traffic data available to a wide variety of agencies under the Regulation of Investigative Powers Act, there was an outcry from civil libertarians. Their point was that you hardly need to know what people are saying to each other if you know who they are talking to. And now Facebook knows and makes this information freely available to almost anyone.

    This may seem like a bad way to treat customers, but the whole point about Facebook is that users aren’t customers. Anyone who supposes that Facebook’s users are its customer has got the business model precisely backwards. Users pay nothing, because we aren’t customers, but product. The customers are the advertisers to whom Facebook sells the information users hand over, knowingly or not.”

As one of the comments read:

    This is a book that nobody should take at face value.