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demetriar

Spotify Wants Listeners to Break Down Music Barriers - NYTimes.com - 0 views

  • Their cultural acumen is entirely the product of technology — in particular, being introduced to new artists through Spotify, the world’s largest subscription music-streaming service. According to executives at Spotify, my children offer a peek at the future of music consumption.
  • On average, the company said, the service exposes each of these listeners to one new artist every day. That is making listeners less beholden to music of certain styles and eras. Instead, many of us will try anything, just because we can easily sample it online.
  • Spotify is betting that fixed musical genres will fade away. In its new version rolling out to iPhone users, the company has expanded its effort to program for moods and activities rather than merely certain kinds of musical tastes.
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  • If Spotify is right about our increasing willingness to try new stuff — and critics who follow the pop charts said it may be — the trend could upend how we think about music.
  • Until recently, because of the narrowcasting ethos of terrestrial radio, music was fiercely segregated by genre. In an era less bound by those niches and instead dominated by an online free-for-all, we may discover new artists more quickly than in the past — though, on the other side of the coin, we may also develop less fierce attachments to certain artists, flitting, as my children do, between anything and everything. For better or worse, streaming services may turn us into cultural nomads.
  • By suggesting tracks based on my activities and parts of the day, I found the service exposed me to music out of my comfort zone.
  • Programmers for radio stations also look at these services to decide what to add to their rotations.
  • “These were all songs that were different from what radio was playing, and radio tends to be a homogeneous medium,” Mr. Molanphy said.
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    How online music streaming sorts music into categories other than by typical music genres, allowing people to be exposed to more types of music. Why do we categorize music by genres? How has online music streaming effected our knowledge of music?
Javier E

Social Media and the Devolution of Friendship: Full Essay (Pts I & II) » Cybo... - 1 views

  • social networking sites create pressure to put time and effort into tending weak ties, and how it can be impossible to keep up with them all. Personally, I also find it difficult to keep up with my strong ties. I’m a great “pick up where we left off” friend, as are most of the people closest to me (makes sense, right?). I’m decidedly sub-awesome, however, at being in constant contact with more than a few people at a time.
  • the devolution of friendship. As I explain over the course of this essay, I link the devolution of friendship to—but do not “blame” it on—the affordances of various social networking platforms, especially (but not exclusively) so-called “frictionless sharing” features.
  • I’m using the word here in the same way that people use it to talk about the devolution of health care. One example of devolution of health care is some outpatient surgeries: patients are allowed to go home after their operations, but they still require a good deal of post-operative care such as changing bandages, irrigating wounds, administering medications, etc. Whereas before these patients would stay in the hospital and nurses would perform the care-labor necessary for their recoveries, patients must now find their own caregivers (usually family members or friends; sometimes themselves) to perform free care-labor. In this context, devolution marks the shift of labor and responsibility away from the medical establishment and onto the patient; within the patient-medical establishment collaboration, the patient must now provide a greater portion of the necessary work. Similarly, in some ways, we now expect our friends to do a greater portion of the work of being friends with us.
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  • Through social media, “sharing with friends” is rationalized to the point of relentless efficiency. The current apex of such rationalization is frictionless sharing: we no longer need to perform the labor of telling our individual friends about what we read online, or of copy-pasting links and emailing them to “the list,” or of clicking a button for one-step posting of links on our Facebook walls. With frictionless sharing, all we have to do is look, or listen; what we’ve read or watched or listened to is then “shared” or “scrobbled” to our Facebook, Twitter, Tumblr, or whatever other online profiles. Whether we share content actively or passively, however, we feel as though we’ve done our half of the friendship-labor by ‘pushing’ the information to our walls, streams, and tumblelogs. It’s then up to our friends to perform their halves of the friendship-labor by ‘pulling’ the information we share from those platforms.
  • We’re busy people; we like the idea of making one announcement on Facebook and being done with it, rather than having to repeat the same story over and over again to different friends individually. We also like not always having to think about which friends might like which stories or songs; we like the idea of sharing with all of our friends at once, and then letting them sort out amongst themselves who is and isn’t interested. Though social media can create burdensome expectations to keep up with strong ties, weak ties, and everyone in between, social media platforms can also be very efficient. Using the same moment of friendship-labor to tend multiple friendships at once kills more birds with fewer stones.
  • sometimes we like the devolution of friendship. When we have to ‘pull’ friendship-content instead of receiving it in a ‘push’, we can pick and choose which content items to pull. We can ignore the baby pictures, or the pet pictures, or the sushi pictures—whatever it is our friends post that we only pretend to care about
  • I’ve been thinking since, however, on what it means to view our friends as “generalized others.” I may now feel like less of like “creepy stalker” when I click on a song in someone’s Spotify feed, but I don’t exactly feel ‘shared with’ either. Far as I know, I’ve never been SpotiVaguebooked (or SubSpotified?); I have no reason to think anyone is speaking to me personally as they listen to music, or as they choose not to disable scrobbling (if they make that choice consciously at all). I may have been granted the opportunity to view something, but it doesn’t follow that what I’m viewing has anything to do with me unless I choose to make it about me. Devolved friendship means it’s not up to us to interact with our friends personally; instead it’s now up to our friends to make our generalized broadcasts personal.
  • While I won’t go so far as to say they’re definitely ‘problems,’ there are two major things about devolved friendship that I think are worth noting. The first is the non-uniform rationalization of friendship-labor, and the second is the depersonalization of friendship-labor.
  • In short, “sharing” has become a lot easier and a lot more efficient, but “being shared with” has become much more time-consuming, demanding, and inefficient (especially if we don’t ignore most of our friends most of the time). Given this, expecting our friends to keep up with our social media content isn’t expecting them to meet us halfway; it’s asking them to take on the lion’s share of staying in touch with us. Our jobs (in this role) have gotten easier; our friends’ jobs have gotten harder.
  • The second thing worth noting is that devolved friendship is also depersonalized friendship.
  • Personal interaction doesn’t just happen on Spotify, and since I was hoping Spotify would be the New Porch, I initially found Spotify to be somewhat lonely-making. It’s the mutual awareness of presence that gives companionate silence its warmth, whether in person or across distance. The silence within Spotify’s many sounds, on the other hand, felt more like being on the outside looking in. This isn’t to say that Spotify can’t be social in a more personal way; once I started sending tracks to my friends, a few of them started sending tracks in return. But it took a lot more work to get to that point, which gets back to the devolution of friendship (as I explain below).
  • Within devolved friendship interactions, it takes less effort to be polite while secretly waiting for someone to please just stop talking.
  • When we consider the lopsided rationalization of ‘sharing’ and ‘shared with,’ as well as the depersonalization of frictionless sharing and generalized broadcasting, what becomes clear is this: the social media deck is stacked in such a way as to make being ‘a self’ easier and more rewarding than being ‘a friend.’
  • It’s easy to share, to broadcast, to put our selves and our tastes and our identity performances out into the world for others to consume; what feedback and friendship we get in return comes in response to comparatively little effort and investment from us. It takes a lot more work, however, to do the consumption, to sift through everything all (or even just some) of our friends produce, to do the work of connecting to our friends’ generalized broadcasts so that we can convert their depersonalized shares into meaningful friendship-labor.
  • We may be prosumers of social media, but the reward structures of social media sites encourage us to place greater emphasis on our roles as share-producers—even though many of us probably spend more time consuming shared content than producing it. There’s a reason for this, of course; the content we produce (for free) is what fuels every last ‘Web 2.0’ machine, and its attendant self-centered sociality is the linchpin of the peculiarly Silicon Valley concept of “Social” (something Nathan Jurgenson and I discuss together in greater detail here). It’s not super-rewarding to be one of ten people who “like” your friend’s shared link, but it can feel rewarding to get 10 “likes” on something you’ve shared—even if you have hundreds or thousands of ‘friends.’ Sharing is easy; dealing with all that shared content is hard.
  • t I wonder sometimes if the shifts in expectation that accompany devolved friendship don’t migrate across platforms and contexts in ways we don’t always see or acknowledge. Social media affects how we see the world—and how we feel about being seen in the world—even when we’re not engaged directly with social media websites. It’s not a stretch, then, to imagine that the affordances of social media platforms might also affect how we see friendship and our obligations as friends most generally.
Javier E

Opinion | America 2022: Where Everyone Has Rights and No One Has Responsibilities - The... - 0 views

  • the deeper issue: How is it that we have morphed into a country where people claim endless “rights” while fewer and fewer believe they have any “responsibilities.”
  • That was really Young’s message for Rogan and Spotify: Sure, you have the right to spread anti-vaccine misinformation, but where’s your sense of responsibility to your fellow citizens, and especially to the nurses and doctors who have to deal with the fallout for your words?
  • “We are losing what could be called our societal immunity,” argued Dov Seidman, founder of the How Institute for Society. þff“Societal immunity is the capacity for people to come together, do hard things and look out for one another in the face of existential threats, like a pandemic, or serious challenges to the cornerstones of their political and economic systems, like the legitimacy of elections or peaceful transfer of power.”
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  • This pervasive claim that “I have my rights” but “I don’t have responsibilities” is unraveling our country today.
  • But societal immunity “is a function of trust,”
  • “When trust in institutions, leaders and each other is high, people — in a crisis — are more willing to sublimate their cherished rights and demonstrate their sense of shared responsibilities toward others, even others they disagree with on important issues and even if it means making sacrifices.”
  • When our trust in each other erodes, though, as is happening in America today, fewer people think they have responsibilities to the other — only rights that protect them from being told by the other what to do.
  • completely ignored the four most important statistical facts about Covid-19 today that highlight our responsibilities — to our fellow citizens and, even more so, to the nurses and doctors risking their lives to take care of us in a pandemic.
  • First, unvaccinated adults 18 years and older are 16 times more likely to be hospitalized for Covid than fully vaccinated adults
  • Second: Adults 65 and older who are not vaccinated are around 50 times more likely to be hospitalized for Covid than those who have received a full vaccine course and a booster.
  • Third: Unvaccinated people are 20 times more likely to die of Covid than people who are vaccinated and boosted.
  • the emotional toll and other work conditions brought on by the pandemic contributed to some two-thirds of nurses giving thought to leaving the profession.
  • many hospitals today are experiencing an unprecedented 20 percent annual turnover rate of nurses — more than double the historical baseline. The more nurses leave, the more those left behind have had to work overtime.
  • Especially when so many dying unvaccinated patients tell their nurses, “I wish I had gotten vaccinated,”
  • none of these statistics were mentioned during that podcast
  • “You can listen to the entire 186-minute lovefest between Rogan and Malone and have no idea that our hospitals are overloaded with Covid cases,” wrote Levy, “and that on the day their conversation transpired, 7,559 people worldwide died of Covid, 1,410 of which were in the United States. The vast majority of them were unvaccinated.”
  • “When Malone uncorks questionable allegations about disastrous vaccine effects and the global cabal of politicians and drugmakers pulling strings, Rogan responds with uh-huhs and wows.”
  • That was Rogan’s right. That was Spotify C.E.O. Daniel Ek’s right.
  • But who was looking out for the doctors and nurses on the pandemic front lines whose only ask is that the politicians and media influencers who are privileged enough to have public platforms — especially one like Rogan with an average of 11 million listeners per episode — use them to reinforce our responsibilities to one another, not just our rights.
  • He could start by offering his listeners a 186-minute episode with intensive care nurses and doctors about what this pandemic of the unvaccinated has done to them.
  • That would be a teaching moment, not only about Covid, but also about putting our responsibilities to one another — and especially to those who care for us — at least on a par with our right to be as dumb and selfish as we want to be.
sissij

The Choose-Your-Own-News Adventure - The New York Times - 0 views

  • some new twist on the modern media sphere’s rush to give you exactly what you want when you want it.
  • No matter how far the experiment goes, Netflix is again in step with the national zeitgeist. After all, there are algorithms for streaming music services like Spotify, for Facebook’s news feed and for Netflix’s own program menu, working to deliver just what you like while filtering out whatever might turn you off and send you away — the sorts of data-driven honey traps that are all the talk at the South by Southwest Interactive Festival going on here through this week.
  • “You used to be a consumer of reality, and now you’re a designer of reality.”
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  • It started with President Trump’s Twitter posts accusing former President Barack Obama of having wiretapped his phones at Trump Tower.
  • The proof, you would have heard him say, was already out there in the mainstream media — what with a report on the website Heat Street saying that the Federal Bureau of Investigation had secured a warrant to investigate ties between people in Mr. Trump’s campaign and Russia, and articles in The New York Times, in The Washington Post and elsewhere about intelligence linking people in Mr. Trump’s campaign to Russia, some of it from wiretaps.
  • You could throw on the goggles, become a bird and fly around. If virtual reality can allow a human to become a bird, why couldn’t it allow you to live more fully in your own political reality — don the goggles and go live full time in the adventure of your choosing: A, B or C.
  • Just watch out for that wall you’re about to walk into IRL (in real life). Or, hey, don’t — knock yourself out.
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    This new design reminds me of how the internet is limiting us in our comfort zone. Although in theory, there is almost infinite amount of information on the internet, we can only get a very small proportion of it. And people tends to read the information that support their idea or fit their interests. So the news servers start to design system that only provide readers with what they want to see or like to see. It does not do good to diversify people's mind as what internet should be doing. In the quote, Dan Wagner said: "you're a designer of reality", but I interpret this as we are the designer of our own reality. This will only isolate people from each other. Without living in the same reality, people won't have real communication, so I think this new design does have cons. --Sissi (3/14/2017)
Javier E

Joe Rogan's weak apology and my colleague's covid death - The Washington Post - 0 views

  • Imagine if Rogan were to use his incredibly powerful voice — he has some 11 million listeners per episode — to talk productively about all of this, to counter some of the destructive bilge instead of adding to it.
  • Imagine if Spotify recognized that a platform is essentially a publisher, and that media organizations of all kinds constantly have to make decisions about what’s appropriate to put on the air, in their pages or on their websites.
  • Imagine if its leadership chose not to shrug off their responsibility about promulgating dangerous and false content while making lofty-sounding noises about avoiding censorship.
Javier E

This is what it's like to grow up in the age of likes, lols and longing | The Washingto... - 1 views

  • She slides into the car, and even before she buckles her seat belt, her phone is alight in her hands. A 13-year-old girl after a day of eighth grade.
  • She doesn’t respond, her thumb on Instagram. A Barbara Walters meme is on the screen. She scrolls, and another meme appears. Then another meme, and she closes the app. She opens BuzzFeed. There’s a story about Florida Gov. Rick Scott, which she scrolls past to get to a story about Janet Jackson, then “28 Things You’ll Understand If You’re Both British and American.” She closes it. She opens Instagram. She opens the NBA app. She shuts the screen off. She turns it back on. She opens Spotify. Opens Fitbit. She has 7,427 steps. Opens Instagram again. Opens Snapchat. She watches a sparkly rainbow flow from her friend’s mouth. She watches a YouTube star make pouty faces at the camera. She watches a tutorial on nail art. She feels the bump of the driveway and looks up. They’re home. Twelve minutes have passed.
  • Katherine Pommerening’s iPhone is the place where all of her friends are always hanging out. So it’s the place where she is, too.
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  • “Over 100 likes is good, for me. And comments. You just comment to make a joke or tag someone.”
  • The best thing is the little notification box, which means someone liked, tagged or followed her on Instagram. She has 604 followers. There are only 25 photos on her page because she deletes most of what she posts. The ones that don’t get enough likes, don’t have good enough lighting or don’t show the coolest moments in her life must be deleted.
  • Sociologists, advertisers, stock market analysts – everyone wants to know what happens when the generation born glued to screens has to look up and interact with the world.
  • “It kind of, almost, promotes you as a good person. If someone says, ‘tbh you’re nice and pretty,’ that kind of, like, validates you in the comments. Then people can look at it and say ‘Oh, she’s nice and pretty.’ ”
  • School is where she thrives: She is beloved by her teachers, will soon star as young Simba in the eighth-grade performance of “The Lion King” musical, and gets straight A’s. Her school doesn’t offer a math course challenging enough for her, so she takes honors algebra online through Johns Hopkins University.
  • “Happy birthday posts are a pretty big deal,” she says. “It really shows who cares enough to put you on their page.”
  • He checks the phone bill to see who she’s called and how much she’s been texting, but she barely calls anyone and chats mostly through Snapchat, where her messages disappear.
  • Some of Katherine’s very best friends have never been to her house, or she to theirs. To Dave, it seems like they rarely hang out, but he knows that to her, it seems like they’re together all the time.
  • Dave Pommerening wants to figure out how to get her to use it less. One month, she ate up 18 gigabytes of data. Most large plans max out at 10. He intervened and capped her at four GB. “I don’t want to crimp it too much,” he says. “That’s something, from my perspective, I’m going to have to figure out, how to get my arms around that.”
  • Even if her dad tried snooping around her apps, the true dramas of teenage girl life are not written in the comments. Like how sometimes, Katherine’s friends will borrow her phone just to un-like all the Instagram photos of girls they don’t like. Katherine can’t go back to those girls’ pages and re-like the photos because that would be stalking, which is forbidden.
  • Or how last week, at the middle school dance, her friends got the phone numbers of 10 boys, but then they had to delete five of them because they were seventh-graders. And before she could add the boys on Snapchat, she realized she had to change her username because it was her childhood nickname and that was totally embarrassing.
  • Then, because she changed her username, her Snapchat score reverted to zero. The app awards about one point for every snap you send and receive. It’s also totally embarrassing and stressful to have a low Snapchat score. So in one day, she sent enough snaps to earn 1,000 points.
  • Snapchat is where flirting happens. She doesn’t know anyone who has sent a naked picture to a boy, but she knows it happens with older girls, who know they have met the right guy.
  • Nothing her dad could find on her phone shows that for as good as Katherine is at math, basketball and singing, she wants to get better at her phone. To be one of the girls who knows what to post, how to caption it, when to like, what to comment.
  • Katherine doesn’t need magazines or billboards to see computer-perfect women. They’re right on her phone, all the time, in between photos of her normal-looking friends. There’s Aisha, there’s Kendall Jenner’s butt. There’s Olivia, there’s YouTube star Jenna Marbles in lingerie.
  • The whole world is at her fingertips and has been for years. This, Katherine offers as a theory one day, is why she doesn’t feel like she’s 13 years old at all. She’s probably, like, 16.
  • “I don’t feel like a child anymore” she says. “I’m not doing anything childish. At the end of sixth grade” — when all her friends got phones and downloaded Snapchat, Instagram and Twitter — “I just stopped doing everything I normally did. Playing games at recess, playing with toys, all of it, done.”
  • Her scooter sat in the garage, covered in dust. Her stuffed animals were passed down to Lila. The wooden playground in the back yard stood empty. She kept her skateboard with neon yellow wheels, because riding it is still cool to her friends.
  • On the morning of her 14th birthday, Katherine wakes up to an alarm ringing on her phone. It’s 6:30 a.m. She rolls over and shuts it off in the dark. Her grandparents, here to celebrate the end of her first year of teenagehood, are sleeping in the guest room down the hall. She can hear the dogs shuffling across the hardwood downstairs, waiting to be fed. Propping herself up on her peace-sign-covered pillow, she opens Instagram. Later, Lila will give her a Starbucks gift card. Her dad will bring doughnuts to her class. Her grandparents will take her to the Melting Pot for dinner. But first, her friends will decide whether to post pictures of Katherine for her birthday. Whether they like her enough to put a picture of her on their page. Those pictures, if they come, will get likes and maybe tbhs. They should be posted in the morning, any minute now. She scrolls past a friend posing in a bikini on the beach. Then a picture posted by Kendall Jenner. A selfie with coffee. A basketball Vine. A selfie with a girl’s tongue out. She scrolls, she waits. For that little notification box to appear.
Javier E

For Some, 'Tis a Gift to Be Simple - NYTimes.com - 0 views

  • older people often draw as much happiness from ordinary experiences — like a day in the library — as they do from extraordinary ones.
  • If you can cover basic expenses, pursuing inexpensive, everyday things that bring comfort and satisfaction can lead to happiness equal to jetting about on international trips in your 70s and 80s.
  • Ms. Mogilner wanted to know what sort of experiences made people the most happy and why.
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  • they conducted eight studies in which they asked participants about their recollections of, planning for or daydreaming about various happiness-making experiences. They also checked to see what sort of things their subjects were posting about on Facebook
  • ordinary experiences happen often and occur in the course of everyday life while extraordinary ones are much more rare.
  • the older people got, the more happiness ordinary experiences delivered. In fact, the happiness-making potential of everyday pursuits eventually grows equal to that of ones that are rarer.
  • Ms. Mogilner explored some of the factors besides frequency that separate ordinary and extraordinary experiences and seized on one in particular: the tendency for extraordinary experiences to be self-defining in some way.
  • One way to think about this is to consider the various adventures younger people pursue to find themselves. “That sort of exploration to see what fits and feels like you may be the process by which you can start to figure out what sort of ordinary life to build,”
  • Once you know yourself, the deliberate pursuit of more ordinary things can then deliver that same level of happiness. It doesn’t hurt, either, that you may appreciate the ordinary much more once you’re more aware of the decreasing number of years you have left to enjoy it.
  • there ought to be much comfort in the evidence that everyday things that cost little or nothing can deliver the same amount of joy. A garden. The elaborate meal that emerges from it and the spare time to invent the recipes. A return to a neglected musical instrument. All-you-can-consume subscriptions to Netflix and Spotify, with watchlists and playlists that stretch on for years.
Javier E

Documenting Sports With Tech, or It Didn't Happen - The New York Times - 0 views

  • The real-life issues now so embedded with the sports world — like debates over racial injustice, brain damage, the ethics of college sports and cheating at the Olympics, plus 100 other things — cannot be parsed to 140 characters.
  • ? Twitter has turned a lot of sports reporting into play-by-play, hot takes and snarky one-liners. With retweets and replies, the echo can be deafening.
  • The biggest transformation has been the use of social media, and Twitter is the opium of the sports-reporting masses
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  • I’m learning I can have nothing but an iPhone and I’m fine.
  • The game changer was the smartphone. It's not only my office phone. I can also use it to record interviews (its microphone is better than the one in my old Olympus, which is important in crowded, noisy places), take pictures and videos to help me remember the details of what I see, and even type or speak notes and interview answers into emails that I send myself.
  • I use it the way other people use their phones. I email, text, tweet, post to Instagram, get directions, set timers and alarms, change flights, check weather, update my calendar, map my jogs, and listen to podcasts and Spotify during long drives or plane rides. On assignment, I’ve had entire conversations with Google Translate, two of us passing my phone back and forth.
  • Besides being an all-in-one communication tool, the iPhone helps my writing. I take photographs of places I know I’ll want to describe in detail later — the inside of someone’s home, a rocky mountain summit, a piece of jewelry that a subject is wearing, the shape of the clouds and the color of the sky. I take videos of places, too, and narrate them as I shoot so that I can watch and listen later.
  • I often do stories overseas, and for the last couple of years, I have constantly connected with sources, interview subjects and my own family on my phone through WhatsApp, a brilliant messaging service that seems to be well known everywhere except the United States.
  • I use it to text, but also to trade photographs, short videos and voice messages, instantly. And you can call from it, even use it for face-to-face video conversations, free if you’re on Wi-Fi.
  • More than anything, technology has brought the sports world into the “now.”
  • Now we can see almost any game on television, in a dozen sports from anywhere in the world, with a computer on our laps and a phone in our hands. We receive and give instant analysis through the world of social media. We can track statistics for our fantasy teams. We can tweet nasty messages to famous athletes and coaches who disappoint us. Like so many other parts of society, we’re probably watching sports more physically alone than ever, but more connected in other ways.
peterconnelly

They Did Their Own 'Research.' Now What? - The New York Times - 0 views

  • the crash of two linked cryptocurrencies caused tens of billions of dollars in value to evaporate from digital wallets around the world.
  • People who thought they knew what they were getting into had, in the space of 24 hours, lost nearly everything. Messages of desperation flooded a Reddit forum for traders of one of the currencies, a coin called Luna, prompting moderators to share phone numbers for international crisis hotlines.
  • “DYOR” is shorthand for “do your own research,”
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  • a reminder to stay informed and vigilant against groupthink.
  • A common refrain in battles about Covid-19 and vaccination, politics and conspiracy theories, parenting, drugs, food, stock trading and media, it signals not just a rejection of authority but often trust in another kind.
  • “Do your own research” is an idea central to Joe Rogan’s interview podcast, the most listened to program on Spotify, where external claims of expertise are synonymous with admissions of malice. In its current usage, DYOR is often an appeal to join in, rendered in the language of opting out.
  • “There’s this idea that the goal of science is consensus,” Professor Carrion said. “The model they brought to it was that we didn’t need consensus.” She noted that the women she surveyed often used singular rather than plural pronouns. “It was ‘she needs to do her own research,” Professor Carrion said, rather than we need to do ours. Unlike some critical health movements in the past, this was an individualist endeavor.
  • One of the enticing aspects of cryptocurrencies, which pose an alternative to traditional financial institutions, is that expertise is available to anyone who wants to claim it.
  • In crypto, the uses of DYOR are various and contradictory, earnest and ironic sometimes within the same discussion. Breathless investment pitches for new coins are punctuated with “NFA/DYOR” (not financial advice), or admonitions not to invest more than you can afford to lose, which many people are obviously ignoring; stories about getting rich are prefaced with DYOR; requests for advice about which coins to hold are answered with DYOR. It is the siren song of crypto investing.
  • In that way — the momentum of a group — crypto investing isn’t altogether distinct from how people have invested in the stock market for decades. Though here it is tinged with a rebellious, anti-authoritarian streak: We’re outsiders, in this together; we’re doing something sort of ridiculous, but also sort of cool.
  • “Now it seems like DYOR can only do so much,” the user wrote. Eventually, the user said, you end up relying on “trust.”
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