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“Scrapbook” company provides neat service, for tiny posts, with resource costs of less than $1 or a (doubtful) maximum of $10, per user, per year. Healthy new
by Nevermark 3y ago
“Scrapbook” company provides neat service, for tiny posts, with resource costs of less than $1 or a (doubtful) maximum of $10, per user, per year.
Healthy new way to share with friends and family.
Genuinely a valuable service.
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BUT Scrapbook leaves some conflicts of interest open by:
1. Knowing user’s real identities
2. Reading users posts
3. Accessing their friendships
4. Recording user behavior
5. (The worst) Giving itself permission to game user’s exposure to other’s posts
By itself, not a conflict of interest. But a real conflict given the above:
6. Gives itself permission to insert posts of its own or for hire
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Conflicts of interest don’t logically imply actual corruption.
But scale up Scrapbook to a billion or two users and the potential for farming users grows to $100’s of billions to $ Trillions of potential future money.
Now add shareholders demanding compounding returns.
Result: Maximum use of all conflicts of interest is ensured, regardless of negative externalities.
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Aquire of third party information integrated with user omniscience to create detailed psychological, financial, social dossier’s.
Psychology and experiments are mined to create ever improving strategies to guide users to non-scrapbooking behavior.
Anything that makes Scrapbook addictive. No matter how coercive, deceptive or destructive.
Anything that creates impulse purchases. No matter how manufactured purchase result impulses in quality improvements to users lives.
Crowdsource addictive material, both high quality & corrosive, by sharing profit stream. So everyone becomes a coercion collaborator, no matter how healthy their content is.
NOW, use some of the $100’s of billions to stay at the front of AI, to maximize the monetization of said conflicts of interest.
Hilarity ensues
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TLDR, said simply:
Society’s legal and cultural systems have not yet adapted to the extreme self-funding self-protecting metastasizing threats and negative sum games, that simple conflicts of interest, scaled to billions of people, and leveraged with automation & AI, create.