I do wonder about intent. Meta has spent 20 years paying its engineers and others vast amounts of money to Increase Engagement, and punishes those who fail to find ways to do so (over the past few years, by firing them). And it's worked! Engagement has increased greatly over the years, Meta survived the effective end of Old social media (you know, the stuff from your friends) and thrives in the new world of infinite…
Meta's blockbuster trial draws parallels to big tobacco
111–120 of 323 posts
Re: Meta's blockbuster trial draws parallels to big tobacco
#112This seems really messy. We regulate gambling because it's a specific thing, but how do you differentiate a non-addictive platform vs an addictive platform? (aside from this specific company... I mean in general). How do you "test" whether or not they're inherently addictive? At least in this specific instance, they can look at the blast radius and make a determination. But this feels legally unsatisfying in the gene…
Let’s start with banning algorithmic personalized feeds. That seems to be the common determinator of the bad apples.
Re: Meta's blockbuster trial draws parallels to big tobacco
#113This seems really messy. We regulate gambling because it's a specific thing, but how do you differentiate a non-addictive platform vs an addictive platform? (aside from this specific company... I mean in general). How do you "test" whether or not they're inherently addictive? At least in this specific instance, they can look at the blast radius and make a determination. But this feels legally unsatisfying in the gene…
Re: Meta's blockbuster trial draws parallels to big tobacco
#114Ultimately, I think this is going to come down to proving exactly the extent of what Meta knew, and what they decided to do about it, and how that violated various laws. I wager there is a foot gun component to this, in which Meta has tried to preemptively, either through gestures of goodwill or public reassurance or PR, institute various think tanks, work groups, and internal studies with an intent to alleviate the…
Re: Meta's blockbuster trial draws parallels to big tobacco
#115This seems really messy. We regulate gambling because it's a specific thing, but how do you differentiate a non-addictive platform vs an addictive platform? (aside from this specific company... I mean in general). How do you "test" whether or not they're inherently addictive? At least in this specific instance, they can look at the blast radius and make a determination. But this feels legally unsatisfying in the gene…
It took decades to clearly define gambling enough to regulate it as we do now. Note that pinball was banned in major cities for decades because it was too similar to gambling devices. And even with those definitions things weren't very clear. I used to work for financial traders here in Chicago. Every year there would be an unofficial snow futures market. It was a fancy way for all the traders and clerks to gamble on…
In your snow example, those guys were gambling on snow for fun. The formal weather derivative - most weather derivatives have parties (usually players in the energy market, sometimes agriculture) who have real underlying risk and aren't entering those contracts to create risk for it's own sake. It's quite hard to get a market off the ground when there is no underlying risk - people purely speculating generally don't generate enough volume to achieve liftoff. Look at Kalshi and the volume on most bets - it's tiny.
Re: Meta's blockbuster trial draws parallels to big tobacco
#116This seems really messy. We regulate gambling because it's a specific thing, but how do you differentiate a non-addictive platform vs an addictive platform? (aside from this specific company... I mean in general). How do you "test" whether or not they're inherently addictive? At least in this specific instance, they can look at the blast radius and make a determination. But this feels legally unsatisfying in the gene…
It took decades to clearly define gambling enough to regulate it as we do now. Note that pinball was banned in major cities for decades because it was too similar to gambling devices. And even with those definitions things weren't very clear. I used to work for financial traders here in Chicago. Every year there would be an unofficial snow futures market. It was a fancy way for all the traders and clerks to gamble on…
Re: Meta's blockbuster trial draws parallels to big tobacco
#117Earlier quoted context omitted.
This would include everything from my Spotify recommending new music that I like to my Netflix showing me similar shows. I'm a responsible adult. I want those things. I make use of them. They make my life better when I'm trying to listen to some music while I work on something or when I have exactly 2 hours of TV watching time in a week and don't want to waste it finding a new show. I do not want regulations coming a…
> when I have exactly 2 hours of TV watching time in a week and don't want to waste it finding a new show. Please please somebody explain this to me. I see it often, but fail to understand it. The television is a tool for watching shows. The show is ostensibly the draw, and the television is the vehicle for watching it, no? So why do some people (lots of people actually) feel compelled to sit in front of the televisi…
Re: Meta's blockbuster trial draws parallels to big tobacco
#118This seems really messy. We regulate gambling because it's a specific thing, but how do you differentiate a non-addictive platform vs an addictive platform? (aside from this specific company... I mean in general). How do you "test" whether or not they're inherently addictive? At least in this specific instance, they can look at the blast radius and make a determination. But this feels legally unsatisfying in the gene…
Nit: Prediction markets are gambling and we dont regulate that.
Re: Meta's blockbuster trial draws parallels to big tobacco
#119Earlier quoted context omitted.
This would include everything from my Spotify recommending new music that I like to my Netflix showing me similar shows. I'm a responsible adult. I want those things. I make use of them. They make my life better when I'm trying to listen to some music while I work on something or when I have exactly 2 hours of TV watching time in a week and don't want to waste it finding a new show. I do not want regulations coming a…
> when I have exactly 2 hours of TV watching time in a week and don't want to waste it finding a new show. Please please somebody explain this to me. I see it often, but fail to understand it. The television is a tool for watching shows. The show is ostensibly the draw, and the television is the vehicle for watching it, no? So why do some people (lots of people actually) feel compelled to sit in front of the televisi…
I have the same experience with youtube, reddit and HN. I don't really know what I expect to see when I open the HN front page. If I knew, I'd navigate to that site directly. But I know I'll see something on HN. Maybe something that catches my eye.
Netflix is just the same. "I'm in the mood to watch a documentary. Let's see what they've got."