Many Privatized platform services that rely on commodifying social relationships (communication basically), come up with such wonderful statements and punch lines during startups or when a outcry emerges due to some biased policy or technological limitations.
Even if they really like to take Trust, Privacy, Security very seriously, it is not up to them to measure and provide it. Just because a few business entities decide what privacy is, its boundary is, will not stop them from exploiting the loop holes in legislature, culture, technology, in one or other way. Becuase when front doors are closed for exploitation back doors have to be legally opened up if needed.
We have to remember, any product or service is a manifestation of several work hour contribution of designers and developers. The current economic models hides their valuable hard work and replaces them with the a symbol, a color, a font, a brand… for sales and profit. The services can be updated based on social or technological feedback from users of the services whether it is proprietary or participatory. However proprietary will have space for hidden agenda, un recognized mistakes, ownership hegemony, labour exploitation, etc…
Internet as we know have gone through several changes from academic project, to utopoia, to business space to radical space to surveillance space, etc… among other things. However Internet is part of the utility that needs regulation. The question needs to be who or what is going to regulate it & How ? Regulation demands participation. And thus instead of being unregulated it is better being constantly regulated, but there will be an inherent struggle who will have control over the regulation. Control over the regulation does not mean Control over society.
On the other hand it feels better to be unregulated than to be regulated by a Fascist/Capitalist State in a Patriarchal Culture. As with any regulation, Internet as a space will remarkably have the potential to be a better utility for the commons if regulated by network of mass social movements instead of authorities, nation states, business entities.
As with any commons, if not protected it is by default becomes vulnerable for theft and exploitation.