Last week, billionaire Facebook founder and CEO Mark Zuckerberg introduced a new initiative, Internet.org, aimed at greatly expanding Internet access throughout the developing world — a goal that he said would spark dramatic economic growth in the world’s poorest countries. But is Zuckerberg’s claim really true? And is Internet.org really the humanitarian effort that Zuckerberg painted it to be?
None other than Nobel Peace Prize winning economist Muhammad Yunus, founder of the Grameen Bank, has endorsed the project. “Extending Internet access, in an almost costless way, to the next 5 billion people is key for solving all social problems,” he said in a statement issued by Facebook. “Using the combined power of technology and social business will enable any individual anywhere in the planet to change the world in the fastest possible time. Internet.org will help transform a small piece of solution of a giant problem, in one unknown location, into a global solution.”
But the majority of reactions have been far less kind. The criticism of Internet.org breaks down into three basic points.Read more: http://business.time.com/2013/08/27/three-reasons-zuckerbergs-internet-for-all-crusade-rings-hollow/#ixzz2dF4S98xD