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>>> The "fraud economy" was democratized in the last decade but it has always existed. Previously you needed to be rich, powerful, and well connected to have me
by lifeisstillgood 5y ago
>>> The "fraud economy" was democratized in the last decade but it has always existed. Previously you needed to be rich, powerful, and well connected to have media companies cover your business/product. Now you can buy fake engagement, reviews, upvotes, etc with a few click so everyone does it.
Yes. And this is a pattern we are seeing all over - thank you. It's it necessarily good or bad. just more open, democratic, cheaper.
- evgen 5y agoThe fact that it was previously restricted to only monied interests means that it was relatively rare in the past. Yes, there were the magazines and floating 'reviewers' who everyone learned were shills for whatever company was paying them for a good review, but the bulk of the reviews were earnestly trying to live up to consumer expectations for such reviews. Once things became more 'democratic' and cheaper we saw the review version of Gresham's Law at work -- fraudulent reviews flooded out sincere ones and the system has mostly because useless for its intended purpose, it is now just another marketing channel.
- drran 5y agoIt's the problem. We need a spam filter for reviews. Let's create a startup and fake it growth with fake reviews. «Fake it, until you make it.»
- batty_alex 5y agoThe system is broken and everyone needs to cheat to participate. That’s bad - not some amoral democratized system
- ClumsyPilot 5y ago"It's it necessarily good or bad. just more open, democratic, cheaper" Thats not like a sensible rule of thumb. If we 'democratise' landmines, it would be clearly bad. This is similar
- lifeisstillgood 5y agoI get what you mean, but honestly, fake reviews != landmines.