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That meant there were three strategies available to media companies looking to survive on the Internet. First, cater to Google. This meant a heavy emphasis on both speed and SEO, and an investment in anticipating and creating content to answer consumer questions. Or you could cater to Facebook, which meant a heavy emphasis on click-bait and human i... See more
stratechery.com • Never-Ending Niches
When Facebook introduced the news’ feed, it spurned feedback from ex-partners whose relationship-ending-statuses were now being blasted to all their friends. Facebook prioritized its engagement—and its revenue—over the impact on its users.
It’s hard to blame Facebook. It would have died out if it hadn’t introduced a newsfeed—the feed was the most en
... See moreCompanies like Facebook need to be frank about how the relationship between you and their major algorithms really works. And they need to give you more control.
Nick Clegg • You and the Algorithm: It Takes Two to Tango | by Nick Clegg | Mar, 2021 | Medium
Bill thinks that the metaverse premise is wrong; he does not think the metaverse will become the next platform or the next smartphone Bill thinks Facebook’s stock would double if it ditched its VR initiative.
Tim Ferriss • Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
Perhaps it is time to acknowledge it is not simply the fault of faceless machines? Consider, for example, the presence of bad and polarizing content on private messaging apps — iMessage, Signal, Telegram, WhatsApp — used by billions of people around the world. None of those apps deploy content or ranking algorithms. It’s just humans talking to huma... See more
Nick Clegg • You and the Algorithm: It Takes Two to Tango | by Nick Clegg | Mar, 2021 | Medium
As large platforms get richer off their users’ personal data and time, people are trying to regain control. We spent the last fifteen years working for gig money, likes, retweets, or follows. The platforms gave us reputation or cash, but no ownership, upside, or voice in its evolution.
Packy McCormick • Fairmint & the Democratization of Upside
Regardless of the specific methods, what's clear is that moderation and accountability on social networks require investment. Perhaps these kinds of apps aren't as wildly profitable and fast-growing as they initially appeared once you factor in the cost of protecting the vulnerable, or reduce user counts by eliminating legions of bots.