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They're hiring 10,000 full time moderators this year to help police this stuff. It's a serious attempt, and the cost of this on their projected earnings is why
by cm2012 8y ago
They're hiring 10,000 full time moderators this year to help police this stuff. It's a serious attempt, and the cost of this on their projected earnings is why the stock crashed.
- casefields 8y agoThat is not why their stock crashed. You’re spreading even more Facebook PR propaganda.
- cm2012 8y agoI'm pretty sure that's what analysts are saying. The biggest cause was the drop in earnings and projected earnings due to increasing spend on security. It's not all the moderators but it's all part of the same push.
- jermaustin1 8y agoAnd on features that have lower potential for monetization, but higher user engagement like stories.
- zjaffee 8y agoThis is certainly part of why their stock crashed, they explicitly mentioned in guidance that this would hurt their profitability in a major way.
- menaggio 8y agoIt's absolutely why their stock crashed. Fb lowered their guidance for upcoming quarters mostly in expectation of slimmer gross margins. Since the top-line revenue isn't expected to change, the decrease in margins is by definition driven by increased costs. This increase is directly connected to Fb's efforts to (manually) police more content. Zuckerberg even explicitly warns of this occuring in one of last year's earnings calls.
- samstave 8y agoSerious question: When does having 10,000 full time FB employee "moderators" to content expressed via their platform cross into the literal definition of Thought Police? How far are we from when actual laws-with-consequences are passed and enforced via the continual monitoring and moderation of said FB's army of moderators? When will be the first time a person is (if not having happened already) killed for their postings to FB? https://www.ranker.com/list/the-13-craziest-deaths-caused-by-social-media/whitney-milam https://www.ranker.com/list/the-13-craziest-deaths-caused-by...
- dragonwriter 8y ago> Serious question: When does having 10,000 full time FB employee "moderators" to content expressed via their platform cross into the literal definition of Thought Police? When FB moderators can impose penalties outside the context of Facebook, like jailing people. Other than that, Facebook's control of content on its own site may be a good or bad decision, but it's nothing like police power of any kind, “Thought Police" or otherwise. > When will be the first time a person is (if not having happened already) killed for their postings to FB? It has probably happened already, but not because of Facebook exerting moderation.
- samstave 8y agoI don't think you're thinking out far enough... Zuck has already shown his cards with political aspirations... so - in ~10 years... yeah - I am imagining a much more dystopian take on FB
- philwelch 8y ago> When FB moderators can impose penalties outside the context of Facebook, like jailing people. ...or seeding the Internet outrage machine by manufacturing a digital lynch mob to harass the person, dox them, harass their employer and friends and family, and utterly destroy their lives? I mean, this happens on Twitter and Tumblr all the time just by itself; actually controlling the platform would make it so much easier!
- equalunique 8y ago