2017-12-03 08:37:00 Sun ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
Sean Parker, Napster founder and a former investor in Facebook, has become a "conscientious objector" on Facebook. Parker says Facebook exploits human psychological vulnerabilities through positive validation that induces its users to constantly post to get more likes and more comments. This instant gratification is quick and easy but offers very few substantive insights and deep relationships.
Chamath Palihapitiya, a former vice president for Facebook user growth, points out that the short-term "dopamine-driven feedback loops" may destroy how our modern society works in practice. When millennials push the iconic "like" button, comment on specific posts, and share them on Facebook, these users reinforce their own views and opinions in virtual echo chambers. Palihapitiya says Face-book may erode "the core foundations of how people behave" in reality. He feels "tremendous guilt" about helping create social network tools and programs that may be "ripping apart the social fabric".
Public sentiment turns quite a bit against Facebook in light of the public issues around fake news and pervasive Russian posts on the U.S. presidential election in 2016. However, Mark Zuckerberg has refined the social mission of Facebook in order to give its active users the power to build interdependent communities so that the world becomes closer together. On this brighter side, social media networks such as Facebook, Twitter, LinkedIn, and so on play an important role in connecting all global citizens to better serve the key valuable purpose of life.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-01-13 08:39:00 Saturday ET
The Economist digs deep into the political economy of U.S. government shutdown over 3 days in January 2018. In more than 4 years since 2014, U.S. government
2018-12-13 08:30:00 Thursday ET
The recent arrest of HuaWei senior executive manager may upend the trade truce between America and China. At the request of several U.S. authorities, Canadi
2019-08-06 07:28:00 Tuesday ET
Former basketball star Shaq O'Neal has almost quadrupled his net worth once he learns and applies an ingenious investment strategy from Amazon Founder J
2018-01-21 07:25:00 Sunday ET
As he refrains from using the memorable phrase *irrational exuberance* to assess bullish investor sentiments, former Fed chairman Alan Greenspan discerns as
2019-08-09 18:35:00 Friday ET
Nobel Laureate Joseph Stiglitz maintains that globalization only works for a few elite groups; whereas, the government should now reassert itself in terms o
2018-03-15 07:41:00 Thursday ET
The Trump administration's $1.5 trillion hefty tax cuts and $1 trillion infrastructure expenditures may speed up the Federal Reserve interest rate hike