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YouTube Executives Ignored Warnings, Letting Toxic Videos Run Rampant (bloomberg.com)
Proposals to change recommendations and curb conspiracies on YouTube were sacrificed for engagement, Bloomberg reported Monday, citing Google employees. From the report: In recent years, scores of people inside YouTube and Google, its owner, raised concerns about the mass of false, incendiary and toxic content that the world's largest video site surfaced and spread. One employee wanted to flag troubling videos, which fell just short of the hate speech rules, and stop recommending them to viewers. Another wanted to track these videos in a spreadsheet to chart their popularity. A third, fretful of the spread of "alt-right" video bloggers, created an internal vertical that showed just how popular they were. Each time they got the same basic response: Don't rock the boat.
The company spent years chasing one business goal above others: "Engagement," a measure of the views, time spent and interactions with online videos. Conversations with over twenty people who work at, or recently left, YouTube reveal a corporate leadership unable or unwilling to act on these internal alarms for fear of throttling engagement. Wojcicki would "never put her fingers on the scale," said one person who worked for her. "Her view was, 'My job is to run the company, not deal with this.'"
The company spent years chasing one business goal above others: "Engagement," a measure of the views, time spent and interactions with online videos. Conversations with over twenty people who work at, or recently left, YouTube reveal a corporate leadership unable or unwilling to act on these internal alarms for fear of throttling engagement. Wojcicki would "never put her fingers on the scale," said one person who worked for her. "Her view was, 'My job is to run the company, not deal with this.'"
Really? Fewer than 8K hate crimes per year in a country of 330M people, and you see a problem? Out of ~1.1M violent crimes, mind you....
It should also be noted that violent crime rates have fallen by ~1/3 over the last three decades.
"I do not agree with what you say, but I will defend to the death your right to say it"
In Marxism, the labor theory of value rules.
The labor theory of value (the price of a good or service should be equal to the total amount of labor value required to produce it) doesn't reward increase in efficiency. Why should I invest in a method to produce the same goods twice as fast, if that requires halving the price ? Without any effort to maximize efficiency, you'll quickly lose against competing communitities, and that's one reason it's unstable. Also, without a free market with independent agents settling on a mutually agreed price, you'll need an authority to set prices for you, which introduces a target point for corruption, and power struggles.