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Javier E

All the Trump Indictments Everywhere All at Once - 0 views

thetriad.thebulwark.com/...ump-indictments-everywhere-all

corruption gop maga electorate trump culture politics inflation policy bias

shared by Javier E on 24 Mar 23 - No Cached
  • Here’s Furman:There’s what economists think people should think about inflation—and what people actually think about inflation are different. . . .Inflation has big winners and losers. So surprise inflation helps debtors and hurts creditors. And there are probably tens of millions of people in our economy who have benefited from inflation. Maybe it’s a business that was able to raise prices more. Maybe a worker who was able to get a bigger raise. Maybe it’s someone whose mortgage is now worth 10 percent less.But there are not tens of millions of people who think they’ve benefited from inflation. In fact, I’m not sure there are tens of people who think they’ve benefited from inflation.And so it has these winners and losers. The losers are very aware of their losses. The winners are completely oblivious to their gains.So then as a policymaker, do you want to sort of make people happy? Or do you want to sort of do what you think is in their economic and financial interests? And that to me is not obvious.
  • Oh it’s obvious to me. The People are the problem.But they’re a persistent problem and until the AIs replace us, The People aren’t going away. So given this constraint, I’m not sure that an optimal solution is ever going to be politically possible in American democracy. The country is too fractured. Our political institutions too compromised.
  • so if you work from the assumption that we’re going to shoot wide of the mark in one direction or the other, I’d still rather be on the Trump-Biden side of having done too much, and dealing with our attendant problems than the Bush-Obama side of having done too little.
Javier E

(1) A Brief History of Media and Audiences and Twitter and The Bulwark - 0 views

thetriad.thebulwark.com/...history-of-media-and-audiences

writer media institutions audience access success gatekeepers twitter history social media

shared by Javier E on 10 Apr 23 - No Cached
  • In the old days—and here I mean even as recently as 2000 or 2004—audiences were built around media institutions. The New York Times had an audience. The New Yorker had an audience. The Weekly Standard had an audience.
  • If you were a writer, you got access to these audiences by contributing to the institutions. No one cared if you, John Smith, wrote a piece about Al Gore. But if your piece about Al Gore appeared in Washington Monthly, then suddenly you had an audience.
  • There were a handful of star writers for whom this wasn’t true: Maureen Dowd, Tom Wolfe, Joan Didion. Readers would follow these stars wherever they appeared. But they were the exceptions to the rule. And the only way to ascend to such exalted status was by writing a lot of great pieces for established institutions and slowly assembling your audience from theirs.
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  • The internet stripped institutions of their gatekeeping powers, thus making it possible for anyone to publish—and making it inevitable that many writers would create audiences independent of media institutions.
  • The internet destroyed the apprenticeship system that had dominated American journalism for generations. Under the old system, an aspiring writer took a low-level job at a media institution and worked her way up the ladder until she was trusted enough to write.
  • Under the new system, people started their careers writing outside of institutions—on personal blogs—and then were hired by institutions on the strength of their work.
  • In practice, these outsiders were primarily hired not on the merits of their work, but because of the size of their audience.
  • what it really did was transform the nature of audiences. Once the internet existed it became inevitable that institutions would see their power to hold audiences wane while individual writers would have their power to build personal audiences explode.
  • this meant that institutions would begin to hire based on the size of a writer’s audience. Which meant that writers’ overriding professional imperative was to build an audience, since that was the key to advancement.
  • Twitter killed the blog and lowered the barrier to entry for new writers from “Must have a laptop, the ability to navigate WordPress, and the capacity to write paragraphs” to “Do you have an iPhone and the ability to string 20 words together? With or without punctuation?”
  • If you were able to build a big enough audience on Twitter, then media institutions fell all over themselves trying to hire you—because they believed that you would then bring your audience to them.2
  • If you were a writer for the Washington Post, or Wired, or the Saginaw Express, you had to build your own audience not to advance, but to avoid being replaced.
  • For journalists, audience wasn’t just status—it was professional capital. In fact, it was the most valuable professional capital.
  • Everything we just talked about was driven by the advertising model of media, which prized pageviews and unique users above all else. About a decade ago, that model started to fray around the edges,3 which caused a shift to the subscription model.
  • Today, if you’re a subscription publication, what Twitter gives you is growth opportunity. Twitter’s not the only channel for growth—there are lots of others, from TikTok to LinkedIn to YouTube to podcasts to search. But it’s an important one.
  • Twitter’s attack on Substack was an attack on the subscription model of journalism itself.
  • since media has already seen the ad-based model fall apart, it’s not clear what the alternative will be if the subscription model dies, too.
  • All of which is why having a major social media platform run by a capricious bad actor is suboptimal.
  • And why I think anyone else who’s concerned about the future of media ought to start hedging against Twitter. None of the direct hedges—Post, Mastodon, etc.—are viable yet. But tech history shows that these shifts can happen fairly quickly.
Javier E

A Marketplace of Girl Influencers Managed by Moms and Stalked by Men - The New York Times - 0 views

www.nytimes.com/...stagram-child-influencers.html

marketplace girl pedophile influencer social media psychology technology

shared by Javier E on 23 Feb 24 - No Cached
  • Thousands of accounts examined by The Times offer disturbing insights into how social media is reshaping childhood, especially for girls, with direct parental encouragement and involvement.
  • Some parents are the driving force behind the sale of photos, exclusive chat sessions and even the girls’ worn leotards and cheer outfits to mostly unknown followers. The most devoted customers spend thousands of dollars nurturing the underage relationships.
  • The large audiences boosted by men can benefit the families, The Times found. The bigger followings look impressive to brands and bolster chances of getting discounts, products and other financial incentives, and the accounts themselves are rewarded by Instagram’s algorithm with greater visibility on the platform, which in turn attracts more followers.
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  • One calculation performed by an audience demographics firm found 32 million connections to male followers among the 5,000 accounts examined by The Times.
  • Interacting with the men opens the door to abuse. Some flatter, bully and blackmail girls and their parents to get racier and racier images. The Times monitored separate exchanges on Telegram, the messaging app, where men openly fantasize about sexually abusing the children they follow on Instagram and extol the platform for making the images so readily available.
  • The so-called creator economy surpasses $250 billion worldwide, according to Goldman Sachs, with U.S. brands spending more than $5 billion a year on influencers.
  • The troubling interactions on Instagram come as social media companies increasingly dominate the cultural landscape and the internet is seen as a career path of its own.
  • Nearly one in three preteens lists influencing as a career goal, and 11 percent of those born in Generation Z, between 1997 and 2012, describe themselves as influencers.
  • “It’s like a candy store
  • Health and technology experts have recently cautioned that social media presents a “profound risk of harm” for girls. Constant comparisons to their peers and face-altering filters are driving negative feelings of self-worth and promoting objectification of their bodies, researchers found.
  • he pursuit of online fame, particularly through Instagram, has supercharged the often toxic phenomenon, The Times found, encouraging parents to commodify their children’s images. Some of the child influencers earn six-figure incomes, according to interviews.
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