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How to reform the attention economy business model of Big Tech

42 pointsby shrikantover 4 years ago

6 comments

omega3over 4 years ago
It should be punitively taxed like any other societally harmful, addictive products: alcohol, cigarettes along with strict regulation regarding access to children.
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Dem_Boysover 4 years ago
&gt; If those individuals got together and agreed that maximizing shareholder profit was no longer the common aim, the digital infrastructure could be different.<p>The article refers to &quot;those individuals&quot; as FAANG CEO&#x27;s.<p>This article&#x27;s stance that we just need big tech to forgo profits for the good of the people seems outrageous to me. Yes I would love to see it happen but I know it would never happen. Even if twitter, for example, made their algorithmic feed less addictive then that would just leave an opening for a competitor to come take market share.<p>Even if our government somehow mandated that big tech cannot tune their algorithms to consume the max amount of attention (&lt;- BTW I have no idea how that could be done) then how would it be regulated? Open source code? Government issued devices? Also what happens with non-US companies, like tik-tok, that dont have to follow this &quot;be good&quot; principle?<p>This is just another vice created by technology that must be resisted by people in order to have a happy and balanced life. Another good example is food. Today&#x27;s food is so addictive processed that we must resist in order to be happy. These vices did not previously exist.
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TACIXATover 4 years ago
In my mind the issue is payments. There is no reasonable way for me to pay a website a fraction of a cent for content, besides by viewing an ad. I&#x27;m hoping FedNow will help a bit with this in the US.
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chephover 4 years ago
Not sure how well it will work, we want things that grab our attention, that is why companies do that. If they don&#x27;t, someone else will.
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tuatoruover 4 years ago
Upvoted because it contains some interesting commentary, althought the &quot;how to&quot; part of the title is left vague, almost formless.
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dannyniceover 4 years ago
i agree with large swaths of the initial diatribe, but lost interest when i was 30% through the article (based on scrollbar position) with nary a solution yet proposed. Somewhat ironically, this article would benefit from extensive editing to be a 5 minute read.