If the marketplace of ideas is ruled a fraud, where does this leave democracy as a viable political system?
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Exactly. A scary place.
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definitely - it's like The Market for Lemons problem https://en.wikipedia.org/wiki/The_Market_for_Lemons …. Our marketplace of ideas meets the criteria of a lemon market.
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Akerlof’s article assumes “Asymmetry of information, in which no buyers can accurately assess the value of a product through examination before sale is made and all sellers can more accurately assess the value of a product prior to sale”
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"becomes"
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The cheaper it becomes to sow discord and the longer we wait to regulate, the less we can trust the efficiency of information markets.
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Beyond simple disinformation, the entire adtech platform powering the internet is being weaponized to conduct large-scale social engineering. We need a clear, digital code of conduct for campaigns to follow. Creating distrust in elections is a key goal of democracy’s enemies.pic.twitter.com/lw8CJGUSJC
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Agreed. We've lost what it means to hold someone accountable due to the sheer turnout of disinformation coming out on a daily basis. Seems like people don't care enough to keep up anymore.
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