Social Media is an important way to interact with friends and colleagues, and in many cases, with colleagues, customers and suppliers. It can be a powerful tool, but it can also be an incredible productivity sinkhole.
It is also a fact that many of the major social media services have progressively and slowly evolved (eroded) their terms of service to decrease privacy.
Today’s DogHouseDiaries comic beautifully expresses this.
Personally I minimise my time on social networks, sticking mainly to Twitter and LinkedIn. I use Google+ and Facebook selectively, and then only in dedicated (read: sandboxed) apps, or in a browser that I only use for these sites. I don’t access Google or Facebook from my main browser.