Shared April 10, 2018
The network effect is Facebook’s biggest selling point, and the root of many of its problems.
Subscribe to our channel! http://goo.gl/0bsAjO
What happened with Cambridge Analytica highlights this perfectly.
Before many people join a network, it may not be so useful. But the more people join, the more useful it becomes. That’s the network effect. Facebook is a step beyond that — it’s the network effect on steroids.
This is what makes facebook so great — it knows everything about you! — and what makes facebook so awful — IT KNOWS EVERYTHING ABOUT YOU. And while its network of 2.13 billion monthly users doesn’t pay any money to use the core service, Facebook makes plenty of money — millions daily — *buy providing advertisers access to that user data*. And everyone on the site agreed to this when they signed up.
Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com.
Watch our full video catalog: http://goo.gl/IZONyE
Follow Vox on Facebook: http://goo.gl/U2g06o
Or Twitter: http://goo.gl/XFrZ5H (edited)
What should I do with my life? | Charlie Parker | TEDxHeriotWattUniversity
Strange answers to the psychopath test | Jon Ronson
Why China is building islands in the South China Sea
Giving birth costs a lot. Hospitals won't tell you how much.
Meet the Accidental Genius
Why people think they see ghosts
It’s not you. Phones are designed to be addicting.
This is what happens when you reply to spam email | James Veitch
How the economy shapes our love lives
You Will Wish You Watched This Before You Started Using Social Media | The Twisted Truth
Is Social Media Hurting Your Mental Health? | Bailey Parnell | TEDxRyersonU
Why are weddings so damn expensive?
Inside the mind of a master procrastinator | Tim Urban
Why danger symbols can’t last forever
Retired Navy SEAL Explains How to Prepare for Dangerous Situations | Tradecraft | WIRED
A young Mark Zuckerberg's early mistake
How North Korea Makes Money
Why we say “OK”