I really like Peter Sunde post about Facebook:
Facebook has become the event planning system. It?s the place where you have all your friends (and other people) somewhat sorted and organized. All in all, it?s the organized system in the chaos that is otherwise known as the internets.
This is leading Facebook towards a virtual monopoly. There are lots of issues with monopolies, but one of the more interesting ones when it comes to Facebook is the impact is has on our social lives, online as well as offline.
A friend of mine creates music videos. He?s great at it. He is also very proud of them, so he uploads them to Facebook to show his friends and relatives. It?s the easy way to do it ? all of us are already there.
Facebook however doesn?t like this behaviour. They deleted the videos and said that my friend was violating copyright. Even though they really have no clue if that is the case or not.
Both my friend and I are very into people being treated as they should. We don?t take crap from anyone. That?s why my friend wanted to get even with Facebook, in a sort of childish way. He uploaded a picture of a male genitalia as a profile picture. Harmless enough. Friends seeing his profile picture would laugh or become a bit annoyed that they have a childish friend.
Read more here:
http://blog.brokep.com/2010/04/24/facebook-owns-us/