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The concept of social media as the Fifth Estate may be the most enduring part of Zuck's speech yesterday. As the Fourth Estate, the press self-conceptualizes its role as holding society accountable. As the Fifth Estate, social media is how society holds the press accountable.
From very early on, one of reddit's tag lines was "freedom from the press."
Freedom from social profile corporation ownership via the BTC blockchain. The world’s first most secure social profile and posts via the BTC blockchain.pic.twitter.com/9TqemyYh9G
Then they published a study accidentally revealing their most active city as an Air Force Base focused on social media manipulation and information suppression:https://www.reddit.com/r/Blackout2015/comments/4ylml3/reddit_has_removed_their_blog_post_identifying/ …
I guess part of Facebook's question is then... ...should their concept of the 5th estate be based on an engagement algorithm that is optimized to entrap as much human attention as possible?
Same yoke different billionaire. It’s OK to be in it for the money but it’s unethical to claim it’s something different to protect the money.
I love reddit and spend my life on it. But lack of ability to differentiate posters who are experts in their fields from angsty teens who just read Das Kapital makes it a breeding ground for conspiracy theories, shills and downvoting mobs.
I agree we still lack a lot of infrastructure for the era of decentralized truth. Too much still depends on informal reputation — but that only works inside tight groups with repeated interactions (great thread on how that worked for Wikipedia here:)https://twitter.com/lftherios/status/1184482838411989005?s=21 …
Many people in the blockchain community consider 
https://twitter.com/oliverbeige/status/1096207600671227904?s=20 …Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
