Comments are closed in the article, and it's from 2019... But... How do you explain Google Reader then?
It was a super proof-of-work-oriented. The ones who used it where like gods of article sharing. I hade the best newsletters by persons I knew. And then one day... Poof. Whyyyy?
Personal TL;DR this article interprets social media from two axies, utility and social capital. Fundemetal assumption being here that people seek both and if that is the case you can apply economic rules to it to understand how they operate. Hence they provide Social Status as a Service (StaaS).
High social status + High Utility = High Entertainment.
> if you want control of your own happiness, don’t tie it to someone else’s scoreboard.
As the children leave the nest, their success becomes the status. Remember to push them to be doctors, lawyers or AI developers with a youtube channel.
Best read today. Social networks have a lot in common with cryptocurrency. Early adopters on instagram have a lot in common with early adopters with cryptomining computers in their bedroom.
One of his best - read it close to when it first came out. The idea that there is some minimum work level required really reframed my view re: how networks proliferate.
Readit News
It was a super proof-of-work-oriented. The ones who used it where like gods of article sharing. I hade the best newsletters by persons I knew. And then one day... Poof. Whyyyy?
I will miss you forever Google Reader.
High social status + High Utility = High Entertainment.
> if you want control of your own happiness, don’t tie it to someone else’s scoreboard.
A variation of this is as old as philosophy itself.
https://www.youtube.com/watch?v=QereR0CViMY
https://podcasts.apple.com/us/podcast/11-eugene-wei-amusing-...
tl;dr He walked away from social because the current incentives destroy your brain.