Why do we buy what we buy? Doom scrolling and the influence of social media on sales.

15 November 2023

Why do we buy what we buy? Doom scrolling and the influence of social media on sales.

Reading Time: 3 minutes

Doom scrolling and aftermath.

“Doom scrolling” is a playful term used to describe mindless scrolling through social media without purpose. The phrase “dumb scrolling” implies a lack of intellectual involvement or deliberate thinking while scrolling. It emphasizes the automatic and repetitive nature of this behavior, where people may be scrolling out of habit, boredom, or as a form of procrastination.

This constant scrolling can be compared to a state of digital inertia. People mindlessly flick through an endless stream of updates, photos, and videos, often losing track of time.

But what influence do those photos and videos have and how do social media like Instagram and TikTok make you buy?

How the images and media that we are fed daily actually make such an impact on not only what we buy, but also what we choose to pursue, explore, and desire?

In today’s digital age, social media is a powerful force that influences nearly every aspect of our lives, including our purchasing decisions. It’s no secret that businesses, both small and large, have harnessed the potential of social media to boost their sales. But what exactly is it about social media that drives people to make buying decisions, and how can businesses enhance this influence?

This article explores the relationship between social media and sales and discloses in some way what exactly makes people buy.

Ubiquitous Targeting

Nowadays, I guess nearly everybody has heard about targeted ads. Social media provides businesses with the ability to reach their ideal audience through targeted advertising based on data analysis. Advanced algorithms implemented on platforms such as Facebook and Instagram analyze user behavior, interests, and demographics, allowing businesses to create and customize their ads to cater to specific consumer segments.

In personalized marketing, the key is to provide content that speaks to the individual. When a person comes across an advertisement that resonates with their interests and requirements, they are more likely to interact with it and ultimately make a purchase. The sensation of being appreciated and valued as a customer is a critical factor in the decision-making process of buying.

That is a powerful tool for businesses to have a higher chance of reaching potential customers, who are already interested in the product. Nevertheless, sometimes it can be unsettling to see ads for topics you discussed with family during dinner, even when not using your phone. Therefore, read Terms & Use policy carefully.

A “Buy now” button. Social-commerce.

Social Commerce is a term that encapsulates the fusion of e-commerce and social media.

Many social media platforms now offer integrated e-commerce features, allowing businesses to sell products directly through their social profiles. This streamlined approach reduces friction in the purchasing process, making it more convenient for consumers to buy products they discover on social media. Features like “Shop Now” buttons and in-app checkout options are becoming increasingly prevalent.

Therefore, there is no other option for you than to buy a product.

Influencers impact and perfect life effect.

We live in the era of influencers. Nowadays, authenticity and relatability are more vital than ever. Influencer marketing involves partnering with individuals who have a dedicated and engaged following on social media. These influencers can impact purchase decisions by simply recommending a product or service.Therefore, it is functioning as a word of mouth.

The reason why influencer marketing works so well is trust. People tend to rely on recommendations from individuals they admire and follow. Influencers are seen as authentic and genuine, which makes it more likely for their followers to buy products they promote. This trust extends not only to the product itself but also to the brand that stands behind it.

We strive to emulate the lives of our role models by observing their beliefs through our mobile screens. We want to be like them and buying products they allegedly use is the most simple way to do so.

Conclusion

The influence of social media on sales is multifaceted and dynamic. Businesses must understand the factors that drive people to buy in a digital landscape where trust, personalization, social proof, and emotional appeal are paramount.

By effectively leveraging social media and understanding the way customers businesses can thrive in the digital marketplace and achieve remarkable sales growth. The world of e-commerce is evolving, and it’s crucial for businesses to adapt and harness the full potential of social media in driving their sales and customer engagement.

Resources:

https://sproutsocial.com/insights/impact-of-social-media-on-business/

https://www.theatlantic.com/newsletters/archive/2022/12/science-shopping-buying/672425/

https://www.bing.com

Tagged e-commerce, social media

19 December 2022

2 Comments

Bez kategorii

How disinformation is poisoning social media – the unseen dangers lurking online

Reading Time: 4 minutes

_{Source: https://calmatters.org/commentary/2022/11/california-disinformation-social-media-literacy-conspiracy/}

There is no doubt that social media has drastically changed the way we communicate and share information. Unfortunately, the problem of disinformation and misinformation in social media has become pervasive in modern societies, with the spread of fake news, hate speech, and other malicious content. It has become a major issue for social media platforms, as it can be used to manipulate public opinion and spread false information. As a result, it has the potential to create political, economic, and social instability and in turn divides between people, as those who believe the false information may start to see those who don’t as their enemies.

The main source of disinformation are malicious actors who deliberately spread false information in order to achieve their own goals. They use various tactics, such as creating fake accounts, using bots to spread content, hiring influencers and engaging in astroturfing. They usually use sophisticated techniques to make their content appear more credible, such as using false sources, identities and creating sophisticated graphics.

The spread of disinformation is also facilitated by the structure of social media platforms. These platforms are designed to maximize user engagement, which leads to content that is spread quickly and widely. What is more, the algorithms that determine what content is shown to users often favor sensationalist and controversial content, which is more likely to be shared and spread. Since users can post and re-post anything they want without any fact-checking, as a result, false information can quickly go viral, reaching a large audience in a short amount of time.

There are several steps that I believe can be taken to address the problem of disinformation. Social media platforms should verify the identity of users and prevent the creation of fake accounts. They should also take steps to limit the spread of malicious content and ensure that users are aware of the potential disinformation, all of the unverified political and informational content should have a visible warning. Additionally, platforms should work on educating users about the issue, so that they can better recognise and report false information since it is realistically impossible for such platform operators to verify all the content themselves.

Finally, governments should also take steps to regulate social media platforms and ensure that they are held accountable for the spread of false information. This could include setting standards for content moderation and ensuring that platforms step up to preventing the spread of malicious content. Additionally, governments should ensure that users have adequate protection against malicious actors, such as the right to sue for damages caused by disinformation. I sincerely believe, that without adequate legislation, social media platforms will only push the responsibility of verifying content onto the users, washing their hands from the issue, since they will not spend extra resources on something that is not required from them.

Overall, the problem of disinformation in social media is a serious issue that requires a multi-faceted approach. Social media platforms should take steps to prevent the spread of malicious content, while governments should regulate and hold platforms accountable. But regardless of whether the above will be implemented or not, there are some best practices that we all should know and follow:

Always fact-check the information before sharing it in social media and if you are not sure whether the information is credible just don’t share it.
Look for and verify the sources. Stories with only one or no sources are more suspicious than stories with multiple.
Consider the agenda. Keep in mind, that news organizations operate for money. It does not mean all of them will provide false information, it is quite the opposite. Nevertheless, there will be many of them that will want to target a specific group of people and will skew the perspective to better fit this group’s preconceptions. Be aware that many propagandists will very often use seemingly open questions that point to a specific conclusion to push their agenda as a matter-of-fact truth.
Be cautious of stories playing to emotions. They are not automatically false, but keep in mind that propagandists and scammers know very well of the power this tool wields.
Break the chain. If your friend or family member (I know we all have one of those) share some unverified or false information, call them out. It is most likely an uncle or aunt you have not seen in years, what is the worst that can happen?

Sadly, it is really a lot of work to always follow all of the above. Fact is that it takes very little to share a post, while much more to verify it by yourself. That is why, and I cannot stress it enough, if you are not sure about the creditability of a story, please just do not share it.

_{Source: https://thefulcrum.us/big-picture/Media/social-media-disinformation-and-electoral-integrity}

Sources:

https://onlinemasters.ohio.edu/masters-public-administration/guide-to-misinformation-and-fact-checking/

https://www.theguardian.com/commentisfree/2018/mar/19/fake-news-social-media-twitter-mit-journalism

https://www.washingtonpost.com/technology/2022/02/24/tips-avoid-misinformation-ukraine-2/

https://reader.elsevier.com/reader/sd/pii/S1877050918318210?token=9347E05BEAE7EE5932E48601501231F661566D16F3DDD3CDD5FF744618D9188BD2B38D104556E4338632ECC4C57DBA87&originRegion=eu-west-1&originCreation=20221218172857

https://library.geneseo.edu/ElectionsAndPolitics/SocialMediaLies

Tagged #fakenews, social media

9 December 2022

One post can determine your future – Building your company’s reputation

Reading Time: 3 minutes

Few Polish businesses have a plan for managing and enhancing their reputations. Western European companies, on the other hand, do it in a more planned and deliberate manner. Furthermore, especially in today’s digital age, businesses interact through various platforms, which presents several obstacles to consistency and efficiency in communication.

Reputation – an important part of Management

Up to 90% of a company’s market value may come from its reputation. Although a good reputation takes years to build and can be lost in an instant, most companies in Poland only react when a crisis occurs. A strong business reputation leads to superior financial outcomes, client loyalty, and image-building. Reputation is frequently exclusively connected with an organization’s outward appearance, but the image is more about “What do our customers think of us?”. Although superficial, appearance does not accurately represent reputation.

Reputation management has evolved over the years. Today, reputation building is heavily influenced by social media and the internet. For instance, according to research from the Pew Research Center, 91% of individuals trust what they read and see in search results, which is why many companies aim to build a good image in Google’s search results.

The way companies operate can be divided into two types:

Some companies are proactive. In order to improve their image and provide value to their surroundings, they work on image initiatives. They also maintain good communication with the company’s stakeholders and are open to hearing other people’s thoughts. These businesses are frequently quite active on social media, especially professional networks like LinkedIn or Twitter and conventional media. In addition, they take care of their image on the search engine, which is as essential a medium today as Facebook or YouTube. The second category consists of businesses prioritizing protecting their reputations above enhancing them, primarily by keeping an eye on the environment and reducing risks.

A strong reputation means more significant success in the business field and success in achieving goals. Additionally, it translates into stronger client loyalty, dedication, and crisis resilience for the business. Employer image is unquestionably the third factor. After all, we are more likely to submit applications to companies with solid reputations.

Trust is essential to developing an organization’s market position, both from consumers and staff members and partner businesses. It is one of the most critical factors in establishing an organization’s market position, particularly in the era of social media, where one post may define your company’s destiny. According to research presented in ” Managing Your Company’s Most Valuable Asset: Its Reputation,” a company’s reputation is thought to contribute anywhere between 20 and 90% of its market value.

According to the ASAP CARE 24 agency’s report, 23% of internet users interact with brands on social media, and a similar percentage regularly follow brand profiles there. The opinions they discover on these platforms significantly impact consumers’ decisions to purchase products.

However, hackers may quickly access social media platforms and the posted content. It is also harder to respond promptly to hate speech that is not on the record. Therefore, the only things that can prevent a catastrophe are a set strategy and a consistent social media presence. Fake news, however, poses a serious problem since it is so prevalent online.

Such an occurrence has happened recently to many companies after Elon Musk took over Twitter and implemented a paid coveted blue check subscription. As a result, impersonation accounts of well-known people and businesses quickly flooded the platform. Eli Lilly, one of the country’s largest insulin suppliers, was one of the businesses that suffered the most from the increase in fake accounts, with billions of dollars being wiped off its stock due to controversial tweets from impersonation accounts. The Washington Post reported that Eli Lilly saw its stock value fall by more than 4%, or $15 billion, after a fake account using Musk’s verification system tweeted: “We are excited to announce insulin is now free.” The company’s executives had to order a halt to all Twitter ad campaigns. Additionally, they suspended their global corporate accounts’ Twitter publishing schedule.

It is difficult to get out of such situations. Once a fake is released, it is challenging to take it back. That’s why we have to keep in mind that everything we do on the internet is being reflected on society or the social group we are part of and that on the internet, nothing ever disappears completely.

Resources:

https://www.pulshr.pl/employer-branding/reputacja-firmy-budujemy-ja-dlugo-a-zniszczyc-mozna-jednym-wydarzeniem,68378.html

https://www.reputationsciences.com/managing-your-corporate-reputation/

https://www.dailymail.co.uk/news/article-11430355/Musk-warned-Twitters-Trust-Safety-team-AGAINST-8-month-blue-check-mark-system.html

Fombrun, C & van Riel, C 2004, ‘Managing Your Company’s Most Valuable Asset: Its Reputation’

Tagged Eli Lilly, Elon Musk, reputation, social media, twitter

29 November 2022

2 Comments

Bez kategorii

Twitter- dying or thriving?

Reading Time: 2 minutes

The acquisition of Twitter by Elon Musk began on April 14 and concluded on October 27. In the first month of his saga, he became the largest shareholder with a 9.1 percent ownership stake. He wrote that he wants to create “a common digital town square”, where everyone can speak freely.

Elon’s actions

In the first two days, an eccentric billionaire took over the company he fired half of the employees including the CEO, CFO, and head of legal policy, trust, and safety. A week after he set an ultimatum for the rest of the employees: either work in a “hardcore environment” or leave. Probably he didn’t expect that the next 1200 employees will resign. It led to the closing of whole departments of the company. The funny thing, in Californian law there is a record that says all formalities regarding employee resignation must be done within 72 hours after it. For Twitter, it was hard to do, because the department which was responsible for this action was closed. The CEO of Tesla scrapped the company’s work-from-home policy, but after those events, he had to temporarily close offices. Everything led to lots of bad press on Elon Musk, the creation of #RIPTwitter, and 4 million dollars lost per day.

Funny paradox

Everyone wants to see Twitter dead and it makes this media source as alive as it never was. The platform now is doing very well, besides the internal problems of the company, they are making all-time highs almost every day. Last week there were 1.6 million daily active users. Moreover, a lot of Elon’s fans are ready to work for free just to help their “hero”. I think that Twitter’s mission is the thing that makes it special. The platform is elevating citizen journalism and by that, they are competing with mainstream media oligopoly, forcing them to be more accurate. There is freedom of speech, but as Elon Musk said, not freedom of reach. It means that negative/ hate tweets will be deboosted. You won’t be able to find them unless you specifically seek them out.

What do you think about Elon’s recent moves? Is Twitter going to die or rather thrive?

Sources:

Download

Tagged Elon Musk, social media, twitter

8 November 2022

A digital weapon

Reading Time: 3 minutes

Have you ever been thinking about the reason why social media was created? Why did people become so engaged in it extremely quickly? Sometimes I am wondering whether the emergence of social media was exactly a step toward social development or in reality it initiated an inevitable threat to the whole population.

Let’s consider Facebook – the most massive social network in the world that gave birth to an unbelievable number of internet communities. Once Facebook introduced its mission statement – the goal to provide thousands of people with the opportunity to stay connected with the world, users got accustomed to it immediately. But the mission of Facebook evaporated as quickly as people became obsessed with this social network. Facebook produced obsession. By using and using it again, people developed a habit of scrolling their feeds every day, that was a certain form of a drug for them. And while having been totally absorbed in the news feed, people did not notice one crucial thing – their behavior, consciousness and emotions were deliberately manipulated. It is not hard to guess that the primary purpose of Facebook’s creation was to control people. Social networks are existing with the strict mission of keeping people’s desires, preferences, intentions, goals, habits and even fears under control. They know us better than anyone else, playing the role of our personal diary. Have you ever noticed that people are much braver to express their opinion particularly via social media, since they feel the freedom for their thoughts to be heard and not punished? Data analysts of Facebook know it for sure. They are able to detect and sort individuals accordingly to their temperament and character features as a result of surveilling and analysing their requests, comments, messages and contributions to society. With the help of Artificial Intelligence systems, developed by Facebook’s data analysts, every user’s individual profile is created to adjust their behavior by producing posts and advertisements, that perfectly fit their desires and interests. People get imprisoned in social networks without comprehending it and are gradually turning into robots who are guided to buy certain products and services or to read certain pieces of news intended especially for them. However, consumer and social behavior is not the only thing, being under the control and manipulation of AI. Artificial intelligence systems significantly affect our morals, preconceptions and values.

I would like to elaborate on the scandal of Facebook with the Cambridge Analytica campaign. In 2015 data of numerous Facebook users were collected without their consent by the data analytics firm in order to create a system that affects people’s choices regarding the presidential election. By spreading perfectly-designed targeted polls, advertisements and posts, Cambridge Analytica managed to influence the consciousness of voters and change their opinion about the election. An extremely similar situation is evolving nowadays in Russia, where citizens are experiencing severe brainwashing caused by the flow of posts and news, developed by the Russian government, which eventually leads to the inability of Russians to consciously perceive information about the war in Ukraine. Because of extreme manipulation tools they are blind to the hazardous nightmare that is happening to millions of innocent Ukrainian people. Unfortunately, these examples of manipulation caused by social media are limitless. Social media users are doomed to be the victims of various types of propaganda, promoted by social networks.

So what is the real purpose of social media existence? Social media is an efficiently-designed and developed digital weapon. By applying Artificial Intelligence , workers of Facebook, Instagram or Twitter are capable of influencing the consciousness and actions of millions of individuals. With the help of Artificial Intelligence systems, social media transforms people into robots, who unintentionally do things they do not want to. It exterminates the autonomy of people’s opinions and mindsets. So is AI really a step toward our world’s development or is it the beginning of humanity’s “death”, the vanishing of people’s independence and freedom? Maybe AI was intended not for creating robots, but for turning people into them? Maybe its most crucial goal was not to alleviate human life but to simplify the control over people, the control of their thoughts and actions? We will probably see it. Or not, because we won’t be able to figure it out, being already under control.

References:

https://www.theguardian.com/news/2018/mar/17/cambridge-analytica-facebook-influence-us-election

https://www.linkedin.com/pulse/how-facebook-using-artificial-intelligence-bernard-marr

https://www.netflix.com/pl-en/title/81254224

Tagged Artificial Intelligence, social media

31 October 2022

4 Comments

Apps, Business, Devices, Software

TikTok is poisoning your brain

Reading Time: 5 minutes

TikTok Is Altering The Behavior Of An Entire Generation | by Julien Dimastromatteo, PhD | Invisible Illness | Medium — Source: https://medium.com/invisible-illness/tiktok-is-altering-the-behavior-of-an-entire-generation-576d38a8d1d5

TikTok has been around for 6 years now. In such a short time it has gained the title of the fastest-growing social network ever in the history of the internet. It not only managed to gain millions of users in a matter of months but also has affected the whole industry of video/photo platforms, and killed millions of brain cells. It is difficult to deny, that TikTok is now virtually in every social media, and the short videos from it even acquired their own name, simply “TikToks”. These short-form videos have a span of up to 60 seconds have overtaken the internet. Instagram is TikTok, Facebook is TikTok, and youtube is TikTok, they just call it in different ways like “reels” or “shorts”. Some would argue that it is great when a new, fun, and useful app gains popularity and the technology is adopted by other companies, it is a natural part of any developing competitive space. Though, let’s take a closer look at why TikTok has made such a boom on the internet, the main reason for which, is it being a real addictive drug.

With TikTok possessing more than a billion active users and its technology being copied and pasted into such giant platforms as Facebook and youtube (promoting it to some of the other hundreds of millions of viewers), it makes me ponder on what makes everyone watching it, and what makes all those companies strive to have the same brainwasher in their software. Though, after a few minutes of active thinking, an answer comes to mind – TikTok is dope.

The essence of its addictiveness (which is truly the highest among all social media platforms), lies in its design. The way the app looks, feels, scrolls, sounds, and the way the buttons are laid out all create a virtual space that lowers the level of our brain’s activity and makes it lose the track of time. It is designed in a way that forces innocent minds to watch hundreds of short videos daily while forgetting what they have seen 30 seconds ago no matter how funny, interesting, or exciting it could seem at the moment. We don’t have to search long for evidence of the effectiveness of such a design, because it has already been given: corporations like Facebook and youtube which used to be the largest social media trendsetters have suddenly adopted the pattern of TikTok app to their own playing fields. Though, the question still stays: why is this design so addictive?

In order to answer that, we first have to figure out how addiction works. As stated in the Harvard Health Article: “Addiction involves craving for something intensely, loss of control over its use, and continuing involvement with it despite adverse consequences. Addiction changes the brain, first by subverting the way it registers pleasure and then by corrupting other normal drives such as learning and motivation.” (Harvard Health Article, Understanding addiction). In other words, addiction makes us lose control over our own actions due to a strong craving to experience this addictive something. Although, for the majority of people when thinking of addiction, some of the first things that come to mind are such substances as cigarettes, alcohol, pills, or marijuana. By way of explanations, those are drugs. However, it is important to notice that those drugs that are used for medical purposes are also called medicaments. At the same time, if we consider the word drug more as a general concept of it being something that causes addiction, then it should not be only restricted to physical substances. Moreover, the addiction mechanism works in the same way for all drugs, be it nicotine, sugar, sex, or TikTok videos. In particular, whenever the brain is exposed to certain external stimuli, which causes it to release a set of hormones that are making it feel good, and starts to crave for that good hormone rush, such as dopamine. Then a pattern emerges, “cue routine reward” (Duhigg, 2016). Whatever can become a cue, say being bored, feeling upset, wanting a distraction, etc. When a cue is touched upon, it then triggers the craving for the reward. The reward is known by the brain, in this case, it is the pleasant hormone rush. Hence, our mind urges a subconscious uncontrolled behavior that, it also knows, will bring the reward it craves for. This is how addiction emerges. Translating it to TikTok, whenever we find ourselves bored we know that we can entertain ourselves in TikTok by watching short funny videos. Whenever we scroll for the next video in the first few seconds we are getting excited by its looks, sound, or contents. This then makes our brain release a little bit of dopamine which makes us feel slightly better. Have you noticed that if the video does not excite you in the first 3 seconds you are very likely to quickly scroll to the next one? This is a clear evidence of you scrolling subconsciously, not even realizing that you are already addicted. Your brain wants more dopamine, hence it traps itself in a loop: scroll, get excited, feel good, crave the good feeling again, scroll, and so forth…

One would say that even if TikTok is addictive, it does not cause any severe consequences to neither individual, nor society. Nevertheless, studies have been conducted which state that the addiction to TikTok, just as for any other addictive essence, does affect our brain activity, especially it lowers the activity of particular part of our brain. This, in turn, might lead to the brain’s certain structures’ gradual atrophy. Especially susceptible to this are people of the age under 25 because the brain is not fully developed up till that time. Ironically, those are the ones that tend to spend the most time on the internet and TikTok due to the lack of interest in the real-world and boring classes in schools and universities.

Just like with addictive substances, addiction to TikTok is very difficult to notice, as it happens very gradually and smoothly. You don’t feel like something is going wrong, unless you check out the time of the day before you clicked on TikTok and right after you finished your daily session, here you get surprised by how much time has flown by. The danger is high, as it is hard to detect the full amount of hours we lose to TikTok, though it accumulates over time. Just the mere thought of us spending an hour daily on watching vids we don’t even remember at the end of the day, makes me think of how much I could have achieved if spent it on reading self-improvement literature or learning a new skill. Lets try to leave a worthy legacy behind and not be left known as the “look at me generation”. 😉

Feel free to share your experiences with tiktok and thoughts on this in the comments down below 🙂

I will be very glad to hear from you!

References:

Duhigg, C. (2016). Power of habit. Penguin Random House Audio Publish.

Understanding addiction. HelpGuide.org. (n.d.). Retrieved October 31, 2022, from https://www.helpguide.org/harvard/how-addiction-hijacks-the-brain.htm

Tagged addiction, addiction to social media, facebook, poison, social media, tiktok, tiktok is poison, toxic tiktok, YouTube

21 October 2022

4 Comments

Bez kategorii

How Social Media affect children. Is there any possibility to decrease inappropriate content there?

Reading Time: 2 minutes

Nowadays, almost every person in the Europe can use or is using social media. It’s a place where we can do various things ,for example to communicate with friends or to read the news. However, there are many accounts showing inappropriate content, for example violence or porn, which shouldn’t have been seen by juveniles. But firstly let me show you some statistics about social media usage by the age in the UK.

From the age 3 to 4, 21% of the kids use social media and 24% of them have their own account. From age 5 to 7, 33% use and 30% have own account. Age 8-11, 64% use and 60% have an account. In age between 12-15, 91% of the teenagers use social media and 89% of them have an account. Between 16-17 almost everyone (97%) use social media and 94% of them have their own account.

And what does it mean? These percentages consist of huge number of younglings who are using social media and being exposed to its impact and consequences.

Mainly, children use social media to communicate with their friends, to watch cartoons or to follow their favourite influencers/celebrities. And that’s a good thing. Teenagers feel more socialized, confident and popular. However, there are also a few negative aspects of surfing on the Internet in such a young age.

Spending a lot of hours in front of the screen, preferring to stay at home than to go out with friends are the most crucial problems. Also high screen time can lead to addiction, anxiety and depression. From apps like Tiktok children could start to use inappropriate language and apps like Instagram or Pinterest (by seeing perfect, sometimes photoshoped, bodies) can contribute to decreasing young people’s self-worth.

Recently, I’ve read an article in which it is said about the death of 14 years old girl named Molly Russel. She has committed suicide due to negative content available on social media. After this incident the UK coroner have started to implying the idea of separate social media websites for children and adults and that got me to think how can we prevent children from harm in the Internet.

However, I disagree with the British coroner. Usually children want to be similar to their parents so they’re not gonna use sites for kids but like their parents, sites for adults. And it’s parent’s business to control their kids and watch the young ones’ behaviour. App developer can only help to improve the parental control system. Also the administration in apps like Tiktok, Facebook, etc. should do their job more efficiently ,if we’re talking about inappropriate content, by paying more attention to the rulebook.

In summery, I think that we should give children the possibility of having access to social media but as parents’ obligation to kids, they need their protection. But how about you? Do you have other idea how we could prevent such a bad things like with ‘Russell’ case to happen? Let me know in the comments;)

Sources & references:

https://www.ft.com/content/de71e1d8-8cce-47c6-8279-3beb66c71e72#myft:my-news:page

https://theconversation.com/how-social-media-affects-children-at-different-ages-and-how-to-protect-them-180374

https://www.ofcom.org.uk/__data/assets/pdf_file/0024/234609/childrens-media-use-and-attitudes-report-2022.pdf

https://publications.aap.org/pediatrics/article/127/4/800/65133/The-Impact-of-Social-Media-on-Children-Adolescents?autologincheck=redirected?nfToken=00000000-0000-0000-0000-000000000000

Tagged instagram, social media

8 April 2022

2 Comments

Apps, Business

Elon Musk Becomes Twitter’s Biggest Shareholder

Reading Time: 2 minutes

Just over a week before “giving serious thought” to building his own social media platform, Elon Musk went on to become the biggest Twitter shareholder through an acquisition of a 9.2% stake in the social media platform.

Following this acquisition Musk has stated he plans to answer questions some of the employees may have following this acquisition, and intends work on resolving freedom of speech problems present on the platform. Additionally on the 5th of April Twitter CEO, Parag Agrawal, announced that Musk has been appointed on the board of directors, and expressed his excitement to working together to improve the platform.

I’m excited to share that we’re appointing @elonmusk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.
— Parag Agrawal (@paraga) April 5, 2022

A frequent request from Twitter users over the years has been for an edit feature to be added to Twitter. Following the acquisition of his stake Musk launched a poll raising the question whether or not such feature such be added, following over 4.4m votes, 73.6% voted in favour. Before its conclusion Agrawal responded to the poll saying the consequences will be crucial, and to vote carefully, showing that Musk’s actions already hold some weight.

The consequences of this poll will be important. Please vote carefully. https://t.co/UDJIvznALB
— Parag Agrawal (@paraga) April 5, 2022

It’ll be interesting to see where this combination takes both of these parties as these are still the early stages of his involvement, and what the long term plan is for Musk following what seems to be a u-turn on his thoughts of starting his own social media platform, which the poor performance of Parler and Trump’s Truth Social may have made him reconsider. Let’s also see how this works out for Twitter in the long run, as the news increased its valuation, but as seen before with Tesla, a single Tweet from Musk can cause the market to change quickly.

Sources:

https://www.bbc.com/news/technology-60995694

https://www.ft.com/content/9db0403f-f6d1-45dc-89a8-f80da924cbe1

https://www.bloomberg.com/news/videos/2022-04-06/is-elon-musk-s-plan-for-twitter-speculative-investing-video

https://www.cnbc.com/2022/04/05/elon-musks-9percent-stake-in-twitter-and-board-seat-heres-what-it-means.html

Tagged business, Elon Musk, social media, twitter

3 April 2022

5 Comments

Bez kategorii

Should Elon Musk create a new social media platform?

Reading Time: 2 minutes

This guy has already influenced the prices of stocks and crypto by just using Twitter. An example is when Elon Musk tweeted in November 2021 to ask his followers whether he should sell his 10% of Tesla stock or not — this made Tesla’s stock fall. Now, according to the U.S. Securities and Exchange Commission agreement, Musk’s tweets about Tesla will remain a valid subject for a government investigation. Also, Tesla will need to pay $40 million to investors who lost money due to his posts.

Taking that into account, Elon claims that Twitter is doing a bad job in promoting freedom of speech, which is one of the core ideas behind democracy. He tweeted about that in March, and finally asked his audience whether a new SM platform is needed, and finally stated that he is “giving a serious thought” to building a social media platform with an open-source algorithm, with minimized misinformation and propaganda and freedom of speech as a priority.

Well, there are already platforms like Rumble, Parler, and Gettr that want to discourage people from Facebook, Twitter, or TikTok. Even Donald Trump has opened his SM platform called “Truth Social”. But a new social media focused on fighting propaganda, on which everyone could share their opinion… Sounds utopic, right? One can easily say that they are going to create a platform for freedom of speech, but it might be extremely difficult to assure this and prevent it to be a base of malicious content. Also, platforms like this are considered to struggle with attracting new users, investors, and advertisers because of having users having extreme or highly politicized views.

On one hand, social media should be a place for sharing any kind of ideas and opinions freely. On the other hand, Elon’s Twitter activity often influences stuff from outside of Twitter (e.g., stocks or crypto). The effect of social media on the financial market and politics is serious and still not fully explored, so SM platforms reduce the risk of unknown influence by censoring the content of people like Elon or Trump.

The question remains unanswered — Should governments and platform owners limit content having effect on economics and politics, or should ideas and views be always accepted no matter what their influence is?

Sources:

https://www.bloomberg.com/news/articles/2022-03-27/musk-gives-serious-thought-to-creating-social-media-platform

https://www.reuters.com/technology/elon-musk-giving-serious-thought-build-new-social-media-platform-2022-03-27/

https://www.cnbc.com/2021/11/08/tesla-slides-5percent-after-elon-musk-asks-twitter-if-he-should-sell-stock.html

https://www.cnbc.com/2022/03/28/elon-musk-says-hes-considering-building-a-new-social-media-platform.html

Tagged Elon Musk, social media, social platform, twitter

A blog on technology, run by Kozminski University students and supervised by NeRDS

Tag Archives: social media

Doom scrolling and aftermath.

Ubiquitous Targeting

A “Buy now” button. Social-commerce.

Influencers impact and perfect life effect.

Conclusion