Curated from: mitsloan.mit.edu
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Social media is rewiring the central nervous system of humanity in real-time.
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We’re now at a crossroads between its promise and its peril.
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576 reads
Researchers and the public have the right to know how social media platforms are accessing and using consumer data. But there’s also a need to protect user privacy and security.
Solution: Algorithmic transparency that lets researchers examine peer-to-peer information sharing without sharing personal information would lead to a greater understanding of malicious use and how to prevent it
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187 reads
Social media and search engines have become the main way people organize and access information, but companies that run them are guided by profit, not things like democracy or human rights. Sometimes, the most popular, profitable speech promotes racism, misinformation, and polarization.
Solution: Introducing friction by slowing online interactions and giving users the chance to think before sharing information is one solution
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119 reads
Social media business models are built on the attention economy, in which platforms sell users’ attention for advertising. But what gets attention isn’t always good for users or society.
Solution: Subscription-based models, which aren’t tied to advertising.
PS: Although there is a danger if the best, fact-checked information is available only behind a paywall.
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121 reads
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