Today, Emily Bell in the Guardian argues that social media companies are publishers, in this article. She notes that there is not enough advertising money (or subscription or paywall) in “legitimate” traditional journalism.
She asks, who pays reporters for Facebook feeds, and draws a parallel in social media with the fake news crisis of 2016 with the financial crisis of 2008.
There’s a bit of irony. Facebook (and Myspace) were originally envisioned for “true” social networking. Facebook especially has morphed into a news distribution tool run by users. It may have wanted to build social capital online, and maybe depending on GoFundMe rather than paid family leave sometimes does that.
Today Milo Yiannopoulos reported a story and video about a working class man in Britain who confronted an upper class kid who had trolled him on Twitter for criticizing Islam. The kid thought he was stirring up “hate”. There was a rather profound conversation at the end of the video of the encounter about growing up with privilege (which can be overdone, given Phoebe Maltz Bovy’s book)/