Right, if you don't value your work, why would anybody else?
I see this opinion a lot and I do take it personally.
I come from a workers family and getting into IT was hard. I still pay off a (small 10k) debt from university. It took me years to get into the industry, working for very little pay. All the while I didn't do anything for my pension. Now I have a good income, but income alone is not enough to buy a house near the city. Having a migration background in Germany might not have helped.
Do you really think engineers, bankers, administration, lawyers, teachers and real estate agents have it worse?
In an industry that's created to destroy jobs, why would I work for less?
Some open problems:
* Nazi propaganda * Content that's dangerous to the development of children (violence, eating disorders, ...) * Sexual harassment * Libel and slander
So yes, take that together with Facebooks data transfers across the Atlantic and there is a real chance of Facebook shutting down in Europe.