From 2018, a good history, but no solutions: "Facebook didn’t invent the feature, but they definitely broke it. How can we better regulate future disruptive ideas?".
Part of the A Brief History of Attention series, starts with some brief history, culminating with Zuckerberg combining "three core concepts — the social graph, the news feed, and the “like” button" to achieve global dominance, and then looks at each concept in turn:
And then, the like: combines multiple attention-metric stories:
Adding the like to "an already powerful engine, built on the two concepts of the social graph and the news feed" was their killer app for "generating an unimaginably huge amount of personal data by an unimaginably huge number of people... [even] if someone wasn’t on Facebook at all, you could piece together a reasonable profile of them". This profiling powerhouse was enhanced in April 2014 with " the Facebook Audience Network... extended the company’s data profiling and ad-targeting juggernaut ... to the rest of the internet.”
Bottom line: "The social graph and news feed created the core engine of Facebook’s growth, but the like button gave Facebook meaning and changed it from something that didn’t just connect people, but framed the way they saw the world around them."
"most advertising markets base their prices on audited reach figures produced not by media platform owners but by independent research companies... Facebook and Google... combine both roles... unhealthy for both industry and audiences".
Writing in 2018, the author tried to imagine how the resulting dominance could (be) unravelled: "break up our new digital monopolies ... create new public institutions to responsibly manage personal data... [limit] any single company’s control and monetization of our attention", or not permit any platform "to scale beyond the point where human curation is no longer economically or logistically possible".
He concludes that this form of regulation can't work - there's too much innovation, moving too fast. He'd have liked companies to have acted more responsibly. Read 6 years later, that seems quaint.
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See also: Online Strategy , Social Media Strategy , Content Creation & Marketing , Psychology , Social Web , Media , Politics , Science&Technology
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