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Six months after FB re-engineered news feed to promote "broadly trusted" news sources, the top 10 stories on the network include an aggregated Daily Caller story, a Snopes-debunked Nike hoax, and 3 Ladbible posts.https://twitter.com/jwherrman/status/1038095229197410304 …
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I’m sorry but it’s extremely funny that Wall Street is spooked by a blunt. Investors know it’s Burning Man week, right? Elon’s gotta be in the top 10-20% of tech CEOs, sobriety-wise.
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Kevin Roose Retweeted
My favorite example of how informationally toxic YouTube's algorithm is this: Imagine you're high school freshman and got a school assignment about the Federal Reserve.
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Kevin Roose Retweeted
PAY
MORE
ATTENTION
TO
YOUTUBE
https://twitter.com/loudmouthjulia/status/1037807182144790529 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Kevin Roose Retweeted
Today, we permanently suspended
@realalexjones and@infowars from Twitter and Periscope. We took this action based on new reports of Tweets and videos posted yesterday that violate our abusive behavior policy, in addition to the accounts’ past violations.https://help.twitter.com/en/rules-and-policies/abusive-behavior …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Pray for
@edmundlee, who is getting flooded with calls from angry Trump supporters because the automated switchboard thinks "Op-Ed" sounds like "Ed."Thanks. Twitter will use this to make your timeline better. UndoUndo -
A lot of campaigns with mass-texting programs let volunteers access their texting platforms with minimal training and almost no vetting. Guessing that will change!
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New: the rogue
@BetoORourke volunteer who texted the campaign's list about helping undocumented immigrants vote sent another message. This one asked for voters' opinions on the "dangers of socialism." Cruz camp denies involvement.https://www.nytimes.com/2018/09/05/us/politics/beto-orourke-texts-voting-texas.html …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
*whispers* nobody answers their desk phoneshttps://twitter.com/PressSec/status/1037728144642506752 …
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Kevin Roose Retweeted
if you read nothing about facebook except theses posts for the last five years you'd actually have a pretty clear sense of things!http://www.newswhip.com/2018/09/august-facebook-top-sites/ …
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The campaign texting shenanigans have begun.https://www.nytimes.com/2018/09/05/us/politics/beto-orourke-texts-voting-texas.html …
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Kevin Roose Retweeted
I just walked thru security at the Senate building with Alex Jones.pic.twitter.com/eDUUAxRB9E
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Kevin Roose Retweeted
After Facebook and YouTube mostly barred Alex Jones, Infowars' traffic and app downloads spiked -- briefly. Our analysis shows that Infowars' site traffic + its video views on YouTube & Facebook have fallen by roughly half since the bans.https://www.nytimes.com/2018/09/04/technology/alex-jones-infowars-bans-traffic.html …
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The news here is that Alex Jones is back on Facebook, just weeks after his ban. He's now posting in a private Infowars group that has 117,000 members and contains much of the same content that got the Infowars page shut down.
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I wrote about private Facebook groups, which are fast becoming the venue of choice for extremists and culture warriors, and which are harder to police than public pages.https://www.nytimes.com/2018/09/03/technology/facebook-private-groups-alex-jones.html …
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Anyway here is another big Facebook investigation, about how it may be amplifying violence and unrest in Libya.https://www.nytimes.com/2018/09/04/world/middleeast/libya-facebook.html …
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Tech workers will have an easier time than bankers, because the positive parts of their work are easily understood. (Everyone has a FB account and a birthday.) But the negative stuff weighs. And more importantly, it makes campus recruiting harder.
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Another thing I remember from interviewing young bankers was the salience of social validation. Most bankers didn't quit because their consciences ate at them; they quit because it felt bad to say "I work at Goldman" at a party.
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I have no idea how to measure the aggregate impact of Facebook. But I'll say that, for Wall Street, the good (efficient markets, access to capital) was mostly theoretical, while the harms (foreclosures, unemployment) became more concrete and visible. That's hard to maintain.
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One refrain I've heard from inside FB is that the *aggregate* impact of Facebook is still good, despite well-publicized edge cases. Which is pretty similar to the stories I heard young Wall Street analysts telling themselves in 2010 to justify sticking around until bonus day.
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