Facebook & Google
they now make up 63 percent of all digital advertising , and accounted for 74 percent of this market’s growth in 2017, according to eMarketer. Together they form a tight digital advertising duopoly, showing no signs of abating.
Google and Facebook also use your data as input for increasingly sophisticated AI algorithms that put you in a filter bubble — an alternate digital universe that controls what you see in their products, based on what their algorithms think you are most likely to click on.
These echo chambers distort people’s reality, creating a myriad of unintended consequences such as increasing societal polarization. On their unending march to profit from more and more personal information, Google and Facebook have shown little regard for all the negative consequences of their runaway algorithms.
Google and Facebook a menace to society according to George Soros
Hacker News comments
Good points to raise, but as a former Googler, I’m a bit surprised how he does not distinguish between Google and FB at all. Are we all Google addicted then? Remember Google’s main business, Search, is still about getting you away from Google as quick as possible.
Response 2 for the win
Google’s main business is advertising, search is just one of the vehicles to deliver the ads. Google wants you to see, watch and click as many ads as possible. The top search results are all ads and look very similar – more than ever – to real search results. And than you have Youtube, a gorefest of ads and unfiltered comments, with creators begging for likes and subs.
Original article: George Soros: Facebook and Google a menace to society | The Guardian
Facebook will ask you or every other random user to identify “real” news.
Here is the survey that could profoundly alter the news landscape for 2 billion people, in its entirety:
- Do you recognize the following websites? (Yes/No)
- How much do you trust each of these domains? (Entirely/A lot/Somewhat/Barely/Not at all).
Ummmm, rigggghhhhttt. This will surely solve Facebook’s fake news problem — as much as asking 5 year olds which Fruit Loop has the most nutritional value.