George Soros: Facebook and Google a menace to society | Business | The Guardian - 0 views
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Facebook and Google have become “obstacles to innovation” and are a “menace” to society whose “days are numbered”
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“Mining and oil companies exploit the physical environment; social media companies exploit the social environment,” said the Hungarian-American businessman, according to a transcript of his speech.
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In addition to skewing democracy, social media companies “deceive their users by manipulating their attention and directing it towards their own commercial purposes” and “deliberately engineer addiction to the services they provide”. The latter, he said, “can be very harmful, particularly for adolescents”
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