WEF chairman Klaus Schwab, who led the discussion with Benioff, polled the audience and noted the “significant” number of attendees who said they no longer use Facebook (FB). He repeated the exercise for Twitter (TWTR).
“Look at how their brands have been impacted,” said Benioff. “If we were here at the World Economic Forum three or four years ago we would be talking about those companies as if they had just walked off Mount Sinai. The reality is now we’re talking about ‘gee, where did they actually come from’ and maybe it wasn’t a high place.”
Benioff is a harsh critic of his own industry, which he says is to blame for high rates of inequality in society. He previously described Facebook as “the new cigarettes.”
CNN
