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Social networks and social media have evolved from platforms to connect with friends and acquaintances into those more geared to advertising and the consumption of information. This becomes problematic as people get sorted into ‘bubbles’ by algorithms that feed them more content they want to see, thus reinforcing existing biases, a problem worsened by the speed at which falsehoods and disinformation spread. Unlike previous new forms of media, social media is fundamentally changing how societies work and humans interact. MIT Economics Prof Daron Acemoglu explains.
Daron Acemoglu | Jan 05, 2023