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Now there are three ways to share with your Facebook camera - Stories, Direct, and as always, News Feed.

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https://www.wired.com/story/facebooks-listening-smartphone-microphone/

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https://www.axios.com/sean-parker-unloads-on-facebook-2508036343.html

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Facebook is considered by many as a violation of privacy.  While many users see Facebook as a network with which they can interact with friends and family, there are some that see it as an oppressive system, abusing users by using their personal information against them.  Some people go as far as to say that Facebook is a brainwashing system, and compare the social network to George Orwell's "1984".  Personally, I'm not particularly bothered by the "invasion of privacy" aspect of Facebook. I don't believe that there is some conspiracy going on, and I think that if the most Facebook can do with what personal information they have access to is personalize advertisements, that's not exactly oppressive. That said, while I don't think Facebook has a system of oppression in place, I definitely don't think that it has a good effect on society. Social networks are designed to bring people closer together, but in reality, many people, (myself included) would say that they have only brought people further apart.

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Being a social network, Facebook does not necessarily have a direct effect on the economy.  However, it can be said that the advertising system of Facebook has a massive impact on the economy.  Facebook uses it's users information to personalize advertisements, showing users ads for products or services that it's system has predicted will interest that user.  With billions of users, and millions of advertisers, Facebook's advertising system likely influences countless purchases every day.

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Facebook is a social network. On Facebook, users share thoughts, feelings and photos with friends. Facebook earns it's money through personalized advertising.