It's totally a POV issue IMO, that's why I phrased it that way :).
For me, half of the Facebook's utility was the ability to check people out without having to commit to a relation with them first. A publishing platform, a little bit like personal pages of old, but much more streamlined and accessible to the mainstream. But it turned out there's enough bad actors around (stalkers, marketers) that people voted against this, and so Facebook is now a very locked down place. I think most of those fears people have are overblown, but well, that's only my opinion and it seems that most people disagree.
Though those concerns may be real, the privacy issue being discussed is still a trick employed by Facebook. By redirecting people's fear towards the amount of information that the public can see, they were able to keep them from talking about the original issue -- what Facebook tracks, saves, and uses for advertising.
For me, half of the Facebook's utility was the ability to check people out without having to commit to a relation with them first. A publishing platform, a little bit like personal pages of old, but much more streamlined and accessible to the mainstream. But it turned out there's enough bad actors around (stalkers, marketers) that people voted against this, and so Facebook is now a very locked down place. I think most of those fears people have are overblown, but well, that's only my opinion and it seems that most people disagree.