Saturday, July 08, 2023

The New Information World Order

The New Information World Order - BY RICHARD FERNANDEZ
"The WSJ writes: “Let the battle begin. Facebook parent Meta Platforms on Wednesday announced the launch of Threads, a stand-alone microblogging app that takes direct aim at Twitter as user unrest in that platform has grown since Elon Musk took the company over in October.”
  • The rise of social media as a news source and opinion shaper is eating away at the influence of traditional media platforms. Fewer people, mostly oldsters, still watch TV.
  • Already, “almost half of Americans use social media as a news source, according to the Pew Research Center.”
With the 2024 elections right around the corner, Musk’s acquisition of Twitter cannot go unanswered.
...Of course, it will all be tied together by artificial intelligence...
Meta’s entry into the fray only underscores how important it’s become.
Musk’s much-criticized limits on “extreme data scraping” on Twitter can be seen as a defensive move to prevent bots from obtaining sentiment analysis and data capture by free-riding on his platform. Data scraping involves pulling information out of a website and into a data store. A dedicated data scraper analyzes information someone else has gathered, and Musk is unwilling to give it to his competitors for free.
But Elon will need more than defense...

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