Facebook CEO Mark Zuckerberg is relying on the wisdom of crowds to guide its terms and conditions of use.
Zuckerberg is asking Facebook members for their opinion on a new set of governance principles formulated after criticism that Facebook was "land-grabbing" all rights in perpetuity to material posted on the social network site.
Facebook reversed its decision almost overnight. It now states, "Facebook does not assert any ownership over your User Content rather, as between us and you, subject to the rights granted to us in these Terms, you retain full ownership of all of your User Content and any intellectual property rights or other proprietary rights associated with your User Content."
But he may have to revise the proposed new rules too. Clause 2.3, which lets Facebook use any material posted on the site for its own purposes, has already drawn criticism.
The new rules are contained in two draft documents. The "Facebook Principles" lay out the site's ideas on privacy and control of information, while the "Statement of Rights and Responsibilities" turn the principles into legal jargon.