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What the Hell Is Going On? Effects of Information Abundance

perell.com

191–200 of 232 posts

Re: What the Hell Is Going On? Effects of Information Abundance

#191
post #168
post #158

As some others have said, a well-thought-out article on the larger scale impacts of the Internet as a new medium of communication - just get past the intro. In the end, it's interesting because it puts together a number of intuitions you may already have about the upcoming western social-democratic crisis stemming from the loss of authoritative sources of information. What is missing is actually ideas about what syst…

I think the core issue here is the elephant in the room in tech that noone wants to talk about. The tech industry has put most of it's money making eggs in the ads basket. This means companies selling ads are promoting the kind of mass information spread that is sensationalist because it gets their ads the most views, and the tech community makes money off of this. How well do ads actually work? I really don't know.…

"Is there any objective data to measure this?"

Pretty much every digital marketer's job description consists of measuring and optimizing this. All the major digital ad platforms let you put tracking beacons throughout your page's sales flow so you can measure conversion rates directly and know exactly which ad campaign led to a sale; that's one of the major advantages of digital over print or TV.

You can certainly debate the ethics of advertising in general, and whether it's ethical to psychologically manipulate people into buying products they don't need and wouldn't have bought otherwise. I personally don't really want to first because I hold opinions on both sides and second because nothing's going to get resolved by such a debate on HN - it's a debate that's been going on for 120 years, though the media hegemony described in the article silenced it for many years. But as an objective fact, there's little room for debating the effectiveness of advertising. Ads work, even if they might be evil.

Re: What the Hell Is Going On? Effects of Information Abundance

#192

Earlier quoted context omitted.

Ask yourself this: how do you know what the average Trump supporter's media diet consists of?

I've read internet comments from many of them, met a few of them, and am friends with one. My friend regularly sends me articles from Brietbart and other conspiracy mongering outlets who write entire articles based on Jason Wohl tweets. People who consume /r/The_Donald, chain emails, and propaganda outlets like Fox News, Breitbart, and the like are Trump's base. They are typically not podcast-listening thinkpiece-rea…

It's funny how all the Occupy Wall Street protesters on the news were homeless, all Obama supporters were welfare supported, and all Trump supporters are ignorant rednecks. Socialists are all unemployed and look lazy.

So weird how they all find their way onto the news. It's almost as if they were selected by image to fit a story.

Re: What the Hell Is Going On? Effects of Information Abundance

#193

Earlier quoted context omitted.

Same here, I ducked out. The title as well.

[flagged]

"Eschew flamebait. Don't introduce flamewar topics unless you have something genuinely new to say. Avoid unrelated controversies and generic tangents."

https://news.ycombinator.com/newsguidelines.html

Re: What the Hell Is Going On? Effects of Information Abundance

#195

Earlier quoted context omitted.

I didn't get that from TFA either. If anything, the author seemed somewhat positive about the implications.

"we’re moving from a narrative oligopoly to a narrative democracy" That was pretty clear to me that the past had plenty of problems.

True. But there were also concerns about chaos.

And recall that the US Founders were concerned. And they just had newspapers and handbills to worry about.

Re: What the Hell Is Going On? Effects of Information Abundance

#196

Earlier quoted context omitted.

You're taking a characterization of Trump supporters created by the media for entertainment assuming that is the world writ large.

Really? You genuinely think it's plausible that roughly half of the readers of this blogpost are Trump supporters? I'm really not taking an outlandish stance here... this post will have most of its traffic driven by HackerNews and Reddit, where California is an outsized plurality of the American audience, which went overwhelmingly to Clinton in 2016 (and even more overwhelmingly so in the densest parts of California…

Would you please not take HN threads into repetitive political back and forths? They're tedious, and don't gratify anyone's intellectual curiosity (the purpose of the site).

https://news.ycombinator.com/newsguidelines.html

Re: What the Hell Is Going On? Effects of Information Abundance

#197
The article doesn't outline how truth can be reestablished on the internet. Honestly I don't believe that it ever can and, frankly, I don't believe it ever was in the first place: we just were not exposed to the chaos of thought that can be found collectively. It is quite clear that the old media narrative has been shattered by the internet. If anything is capable of reassembling this fractured state, I am honestly a bit fearful of what that might be. AI that entirely fabricates a reality that calms people? AR that curates a user's perception to harmonize with their mental and emotional state? Let's be honest there are so many different ways of looking at the world available for perusal on the internet, that establishing "truth" is extremely difficult. I believe that what I know about the world rings true, but so does everyone else.

Re: What the Hell Is Going On? Effects of Information Abundance

#198

> Big brands are losing share of America’s GDP pie A data about GDP share would be very nice but is missing. Companies who own these brands are not losing anything. Brands are imaginary things, they aren't real. The real P&G company who manufactures and sells stuff is doing OK.

Hrm, there was an graph in the article that visualizes just what you are looking for. If you look at the graph you can see P&G is doing fine relative to the other companies discussed, but they are steadily losing GDP percentage. And as someone who works at one of these so mentioned micro brands that is attempting to distrust P&G stranglehold I can see that we are starting to get some serious traction

Re: What the Hell Is Going On? Effects of Information Abundance

#199

Earlier quoted context omitted.

Care to back up your assertion? If not most will either mentally nod or shake their heads and move on

It takes coordination and peace to operate a globally-available internet, that enables us to have cheap communication and access information. What does it take to offer the internet in its current form? Massive infrastructure, cables running every which way across countries and oceans, electricity, etc-- and governments protect that infrastructure. If order and stability is lost to the extreme viewpoints the internet…

I tend to agree, but I actually don’t think peace is prerequisite. The internet was designed during the Cold War and was designed in a way to be resilient to massive fallout of the network (nuke safe). While, I do agree that if the establishment is not pleased with the openness of the internet they will attempt to regulated/censor it more heavily, but I think it’s too late. Attempts to regulate the internet would be met with massive resistance. Maybe, I am just slightly delusional about how much people care though, especially considering net neutrality in the states

Re: What the Hell Is Going On? Effects of Information Abundance

#200
post #147
post #144

Earlier quoted context omitted.

> pre-internet style of governance had substantive problems which the working class didn't like (e.g. globalization leading to a race to the bottom in manufacturing wages). "Observing a problem", "diagnosing causes", and "presenting workable solutions" are three completely different things though. Wage stagnation leading to quality-of-life declines is the first of these - people can notice this immediately in their l…

> Wage stagnation leading to quality-of-life declines is the first of these - people can notice this immediately in their life. Despite popular graphs making rounds, there has been little if any wage stagnation. Moreover, people are also really bad at noticing it: a median and an average Americans now have better housing situation than 50 years ago, in terms of actual living space available for them, fewer roommates,…

Source? Every piece of data I see shows that the top quintile is running away with almost all of the income and wealth growth (especially the top decile), and that economic opportunities are being concentrated in certain urban areas resulting in higher rents and property prices, all the while home ownership and stable careers are in decline.

Having a bigger room and smart phone does little in the face of higher variance of one’s future security. The compounding nature of the game’s fruits are clearly evident now, and people rightfully are afraid of permanently falling behind.

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