Former FB exec and now venture capitalist Chamath Palihapitiya believes that social media is “eroding the core foundations of how people behave” and that he feels “tremendous guilt” about creating tools that are “ripping apart the social fabric.”

"You don't realize it, but you are being programmed … but now you got to decide how much you're willing to give up, how much of your intellectual independence," he warned the audience.

He said he didn't want to be programmed himself, emphasizing he "doesn't use this shit" and his kids are not allowed to use "this shit" either—also recommending that everyone take a "hard break" from social media.