like some of Facebook's recent changes, but it is not the bogeyman privacy fundamentalists have made it out to be and it should not be regulated like one. By and large, the changes Facebook has made have been designed to create a more useful and interesting Internet experience for its users. Before rushing to regulate social networks, policymakers should remember that not only do applications like Facebook provide users with real value in ways that do not violate their privacy, but that users have many ways of controlling their privacy on these networks. Privacy fundamentalist will continue to insist that the government implement data privacy regulations, partly on the basis that consumers need to be protected from their own choices and that the kind of mass customization that new Facebook applications enable are not needed. But this kind of paternalism is not needed. People have learned in the offline world how to protect their privacy (e.g., they close the drapes at night before undressing), and they are learning it in the online world by not sharing sensitive information and controlling their privacy settings (and yes, exhibitionists both offline and online can share what you and I might consider too much information). Moreover, stringent new privacy regulations that effectively neuter all useful information sharing on the Internet would not just hurt Facebook (a U.S. company, it should be noted, that sells its services around the globe, creating jobs and export revenue for the U.S. economy), it would also stall future innovation