Capitalism Gone Wrong
3 hours ago
- #Digital Addiction
- #AI Regulation
- #Social Media Ethics
- The European Commission alleges Meta inadequately assessed addictive design risks, particularly affecting minors and vulnerable adults.
- Meta executives reported AI-driven improvements increased user engagement, with Facebook time up 8% and Instagram up 6%, directly boosting ad revenue.
- Critics argue Meta’s business model prioritizes time spent on platforms, potentially harming productivity, mental health, and real-world activities.
- Meta’s AI optimization for retention is seen as a capitalist excess, with calls for ethical reforms and EU regulatory intervention.