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[–]reluctant_commenter 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Interesting observations. I did see that he suggested removing ads, but then where will the money come from?

[–]Q-Continuum-kin 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

You can still have advertisements, just not have the entire website designed to maximize engagement.

Right now the "customer" is the advertisers and the users are actually the product.

With a publicly traded company they are actually legally obligated to maximize profits for shareholders. They end up creating some really bad outcomes for the users because they are trying to maximize advertising income.

You can redesign the algorithm to favor the users and still generate profit from advertisers... Just not the maximum possible income. The way the stock market is in general is just really shitty for companies all around. It doesn't allow for a company to be just consistently profitable with mild fluctuations and to reinvest into itself on good years. The market forces companies to do things like stock buybacks were all the profits are siphoned off by shareholders.