Later in the article: "“This may well result in a web of totalitarian control the likes of which not even Aldous Huxley or George Orwell could have imagined,” he said." Also see Facebook should be 'regulated like cigarette industry', says tech CEO [Marc Benioff] (The Guardian)
"Facebook and Google have become “obstacles to innovation” and are a “menace” to society whose “days are numbered”, said billionaire investor and philanthropist George Soros at the World Economic Forum in Davos on Thursday.George Soros: Facebook and Google a menace to society | Business | The Guardian
“Mining and oil companies exploit the physical environment; social media companies exploit the social environment,” said the Hungarian-American businessman, according to a transcript of his speech.
“This is particularly nefarious because social media companies influence how people think and behave without them even being aware of it. This has far-reaching adverse consequences on the functioning of democracy, particularly on the integrity of elections.”"