my notes ( ? )
Advertising revenue grew by more than 50 percent since 2015, the company was hard at work on a future for artificial intelligence and virtual reality, and the average Facebook user is spending 50 minutes per day on Facebook, Instagram and Messenger.... more time than people spend reading ... sports ... or social events...
Politics is downstream from culture, which is downstream from Mark Zuckerberg ...
Facebook is a media company, but more than that, it is a utility... upon which hundreds of publishers and media companies rely to reach their audience.. a social media and a broadcast platform. It is a modern telephone network and television, a global mail system and a global newspaper.
when a digital media network has one billion people connected to entertainment companies, news publications, brands, and each other, the right historical analogy isn’t television, or telephones, or radio, or newspapers. The right historical analogy doesn’t exist. Facebook’s power is unprecedented.
Read the Full Post
The above notes were curated from the full post
www.theatlantic.com/technology/archive/2016/05/the-facebook-future/482145/?utm_source=SFTwitter.