3 ms·
The market-based solution depends on assumptions about people acting "rationally," which isn't possible with such asymmetry of information between the parties i
by hamsterOnWheel 6y ago
The market-based solution depends on assumptions about people acting "rationally," which isn't possible with such asymmetry of information between the parties involved (media companies and individuals wanting information), and so much inertia to keep using services like Facebook long after the user even likes the service. Some kind of regulatory pressure will be absolutely necessary.
- barumi 6y ago> The market-based solution depends on assumptions about people acting "rationally," which isn't possible with such asymmetry of information between the parties involved It seems to me that having a respected publisher call out another publisher for having tried to peddle bullshit is an important contribution to reduce that asymmetry.