He says Facebook was created to exploit a major human "vulnerability", and he's gotten so concerned about the platform's strength that he made a decision to speak out about it.
Parker added that the social networks' creators, including Facebook's Mark Zuckerberg and Instagram's Kevin Systrom, "consciously" understood the implications of trying to keep users hooked on their products.
Dr Tim Highfield, a postdoctoral research fellow in the Queensland University of Technology's Digital Media Research Centre, said Facebook's understanding of human psychology is factored into how it operates and presents information.
The thought process behind developing Facebook and other applications was "How do we consume as much of your time and conscious attention as possible?', Parker explained". It's not the first time a tech entrepreneur has disavowed something they've created or been involved with - Programmer Ethan Zuckerman famously penned an apology letter for unleashing pop-up ads into the world several years ago.
As for his own lifestyle, Parker says he quit social media apart from a lingering Facebook account, describing it as "too much of a time sink". "It probably interferes with productivity in weird ways", Parker said.More news: The gender pay gap is largely a myth
Mr Parker was played by Justin Timberlake and Zuckerberg by Jesse Eisenberg in The Social Network in 2010. You know, you will be.' And then they would say, 'No, no, no.
What has turned out to be most tricky for Facebook is to have all groups of people on board even if they have views and beliefs that directly go against those of another group. I value presence. I value intimacy.' And I would say, .
"I don't know if I really understood the consequences of what I was saying, because [of] the unintended consequences of a network when it grows to a billion or 2 billion people and.it literally changes your relationship with society, with each other".
One of Facebook's earliest investors and the founding president of the company Sean Parker has said that the app "exploits a vulnerability in human psychology".
Mr Parker became Facebook's first president after making hundreds of millions of dollars from the music-sharing service Napster. His stint at Facebook was shortlived, resigning from the site in 2005 after a cocaine scandal.