Chapter
The Negative Impact of Social Media Business Models on Society
1:28:11 - 1:32:16 (04:04)
The business model of engagement and advertising used by social media platforms is not beneficial for democracy and shapes cultural values that are not real or useful in the long term. The externalities of cultural values created by this model can have harmful effects on society.
Clips
Instagram's focus on over-extractive growth has led to a cultural addiction to being influencers and getting attention, which is not its real purpose.
1:28:11 - 1:30:47 (02:35)
Summary
Instagram's focus on over-extractive growth has led to a cultural addiction to being influencers and getting attention, which is not its real purpose. Instead, Instagram could be a social utility that helps us keep in touch with our friends, but the business model of advertising and engagement is the opposite of a tool for empowerment.
ChapterThe Negative Impact of Social Media Business Models on Society
Episode#387: Tristan Harris — Fighting Skynet and Firewalling Attention
PodcastThe Tim Ferriss Show
The current business model of engagement on social media encourages the spread of salacious, outrageous, and extreme content ultimately detrimental to our democracy, and thus we need to transition toward the use of renewable resources to foster diverse and rich information to fuel democracy.
1:30:48 - 1:32:16 (01:28)
Summary
The current business model of engagement on social media encourages the spread of salacious, outrageous, and extreme content ultimately detrimental to our democracy, and thus we need to transition toward the use of renewable resources to foster diverse and rich information to fuel democracy.