Alone Quote by Fabrizio Moreira
“A 2014 study commissioned by Facebook and done by Deloitte suggests that Facebook alone contributes almost $150 billion directly to the global economy, and when you add the peripherals, it nears $227 billion.”
About This Quote
Source Report: Deloitte Study on Facebook Economic Impact, 2014
Facebook’s platform generates massive direct and indirect economic activity, but the figures may overlook broader societal costs and market volatility.
In simple terms: Facebook drives huge economic activity, yet impact is complex.
Consider both economic benefits and hidden costs.
Themes
Mood
Type
When to use this quote
- business strategy
- policy making
- investment analysis
- public debate
- market research
Key Concepts
Questions to Reflect On
- What are the long‑term societal effects of such platforms?
- How should regulation address hidden costs?
Figures may be inflated or ignore negative externalities.