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Are We All “Zucked”? Technology and Power in the Internet Age

April 23, 2019
by
Stanford Graduate School of Business
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Are We All “Zucked”? Technology and Power in the Internet Age

TL;DR

Facebook's business model and culture have led to harmful effects on public health, democracy, and privacy. Changing the business model and fostering a cultural shift are necessary to address these issues.

Transcript

[MUSIC] Thank you for joining us. My name is Scott Lowenstein. I'm a second year MBA and a student leader for the Corporations and Society Initiative or CASI, which is one of the co-sponsors of the event today. Along with the Center for Internet and Society and CS+Social Good. CASI is about bringing together experts with business students and polic... Read More

Key Insights

  • ❎ The business model of Facebook, which relies on exploiting personal data and amplifying negative content, needs to change to protect user well-being and address negative consequences.
  • 🔉 Content moderation alone is not sufficient to address polarization and negative effects on social media platforms.

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Questions & Answers

Q: How can the current business model of Facebook be changed to address the negative effects it has on society?

The current business model needs to shift from exploiting personal data and amplifying negative content to one that prioritizes user well-being and positive interactions. This could involve changing the advertising-based model, protecting user privacy, and incentivizing the creation of high-quality content.

Q: Is content moderation an effective solution to combat polarization on social media platforms?

Content moderation alone is not sufficient to address polarization on social media platforms. The root issue lies in the business model that incentivizes the amplification of the most negative voices. Shifting the business model and promoting positive interactions and high-quality content would have more significant long-term effects.

Q: How can change be brought about in the culture at Facebook to foster accountability and address the negative consequences?

Changing the culture at Facebook requires leadership that values user well-being and is willing to address the negative consequences of the platform. It may involve holding leadership accountable for their actions, promoting ethical decision-making, and fostering a culture focused on positive societal impact.

Summary & Key Takeaways

  • The current business model of Facebook relies on exploiting personal data and amplifying negative content, which harms public health and democracy.

  • The culture at Facebook lacks accountability and a willingness to address the negative consequences of their platform.

  • Content moderation alone is not enough to solve the problem, as it is not scalable and fails to address the root issues.


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