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> Why they would foster a doom-scrolling experience I really can't really explain Because regardless of whether or not the business model depends upon it, inve
by teeray 2y ago
> Why they would foster a doom-scrolling experience I really can't really explain
Because regardless of whether or not the business model depends upon it, investors have been trained that “engagement” is inherently good quality for their investments to have. Increase engagement, stonk price go up.
- lotsofpulp 2y agoThe most valuable businesses have desirable net income trends, not “engagement”.
- kaoD 2y agoIn the ad-tention economy, engagement means more eyes on your ads. Advertisers desire engagement which is therefore a proxy for future net income. Then investors transposed that proxy to non ad-tention businesses, driving up engagement-rich stocks in a self-fulfilling prophecy.
- teeray 2y agoAlso, engagement is a measure of how rich the oil field is for enshittifying the platform to extract ad dollars.