Hello friend,
How are you? I hope you’re doing well.
In this bi-weekly news commentary, I discuss the 20th anniversary of Facebook, the recent hearing where American senators blamed Zuckerberg for spreading harmful materials, and the overall transformation in people’s online behaviors.
The gist: 20 years in, social media’s magic formula of mixing personal interactions with friends and mass communication - has largely eroded as aggressive algorithms took hold, spreading disinformation and harmful content to maximize advertising eyeballs.
As The Economist’s article suggests, despite Meta’s impressive results which are now valued the company at $1.2trn, we start seeing severe cracks in the digital “town square.”
Learn why this matters and what are the new go-to places people congregate around to exchange stories these days.