3 ms·

Exploitation Business

• haebom 3y ago
  This paper delves into the concept of "Exploitation Business," a profit-driven model that capitalizes on information asymmetry and induces FOMO (Fear of Missing Out) to sell digital content like paid courses to vulnerable individuals. Unlike traditional educational models, the key issue with Exploitation Business is the pretense of expertise by non-experts and the generalization of rare scenarios to exploit desperate individuals. The paper aims to define this business model, explore its activation mechanisms, examine its detrimental effects on people, and discuss potential solutions to mitigate its impact.