At the last day of the Web 2.0 Summit 2011, Facebook CTO Bret Taylor took the stage for a brief 15 minute interview and talked about the social network's underlying principles, how it compares to Google Plus and whether users really know how much they're sharing.
"I think the people who use Facebook a lot are very, very aware of privacy settings. They know exactly what their current boyfriend or ex can see," he said. "As our service has grown, there's a lot of increasing scrutiny on how we provide our service. If we can make your privacy controls so transparent that you are comfortable with sharing data on Facebook, that's good."
Do you think the smart friend list and news feed features will keep Facebook's power users on the network? Tell us what you think in the comments.