Facebook’s founder Mark “Buck” Zuckerberg on Tuesday said that a new social network has emerged that could have “huge implications” for social media.
Zuckerberg’s comments came during a session at the TechCrunch Disrupt conference in San Francisco.
The social network company is facing pressure to address the rise of a new type of digital identity known as virtual communities, which can quickly become an outlet for people to share their feelings, even if they are not connected to a social network.
Users can make money by advertising their virtual friendships and engaging in private conversation.
Facebook has said that these communities are not allowed to advertise.
Zuckerberg spoke at a TechCrunch event in San Jose on Tuesday to talk about Facebook’s plans to improve the social network’s reputation.
“People have to have trust in the things that they say and do, because when they do things like, say a thing, and you say it, people believe that you know what you’re talking about,” he said.
Zuckerberg said the social networks that are now taking over his company’s business could lead to “huge consequences for us.”
“This new network is just going to get really good, really fast.
It’s going to be really good,” he told the audience.
He said the company is working on a “new platform” for virtual communities and is planning to release it as soon as the company can afford to do so.
It is a new platform, Zuckerberg said, that will allow people to make money on virtual communities that they create, but also create their own.
“It will be something that people will be able to create.
It will be their own community.
It won’t be something like Facebook’s, where you’re a part of a community, where they’re like, ‘Hey, come on, we’re your friends.'”
Zuckerberry is not the only Silicon Valley leader speaking out about the risks of virtual communities.
Google CEO Sundar Pichai recently announced that he will quit his position in July, after facing criticism for his role in the company’s disastrous IPO.