You will most likely lose your ability to vote on future changes to Facebook's privacy policy.
Why? Last week, Facebook invited all users to vote on proposed changes to the company's Data Use Policy and Statement of Rights and Responsibilities, something it first did in 2009 in response to privacy complaints. If the newly proposed changes are accepted, Facebook will no longer ask users to vote on policy changes, making this week's vote the last.
With only a few hours left in the voting process, it looks as if that's about to happen -- the change will happen at 3:00 p.m. ET.
Facebook users who voted overwhelmingly chose to keep the existing policies in place. However, the percentage of overall Facebook users who voted wasn't high enough to make the results of the vote "binding" -- that would have required 30% of the Facebook userbase, or roughly 300 million users, to vote. Instead, only about 600,000 users voted, making the results only "advisory."
Josh Leichtung's insight:
It is amazing to me that only 600,000 people voted. Where are all the fans of Mashable etc...?