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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.” quote by Fabrizio Moreira
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“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.”

Fabrizio Moreira

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.

Key Takeaway

Consider both economic benefits and hidden costs.

Themes

economics technology platform impact valuation

Mood

analytical critical neutral

Type

business economic policy

When to use this quote

  • business strategy
  • policy making
  • investment analysis
  • public debate
  • market research

Key Concepts

GDP contribution network effects digital economy

Questions to Reflect On

  • What are the long‑term societal effects of such platforms?
  • How should regulation address hidden costs?
A Different Perspective

Figures may be inflated or ignore negative externalities.

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