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“Today we already see that private messaging, ephemeral stories, and small groups are by far the fastest growing areas of online communication.” Public social networks have their place, Zuckerberg adds, but he sees a large future opportunity built on “a simpler platform that’s focused on privacy first.” That would mark a sharp reversal for Facebook, which has grown into one of the world’s wealthiest companies by inventing exotic new methods of personal data collection and allowing brands to sell advertising against it. Facebook has spent the past two years mired in scandals around data privacy, starting with last year’s revelations around Cambridge Analytica and continuing through the biggest data breach in company history.“I believe the future of communication will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure and their messages and content won’t stick around forever,” Zuckerberg says.
As said here by Casey Newton