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You're out on the frontier. At some point, you need to be the one writing these think pieces, because very very few people have given this as much thought as you.
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Your summary of his 5 parts is better (I don't think he even gets these conclusions). I read his thing and, while interesting, I wish I had read this comment first.
I second @Undisciplined comment: you should write more of your thoughts about social media platforms - how they work and how to build them. Write them here and let us boost them in other places around the internet.
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It mostly just confirms my biases.
Part 1 - ad dominated businesses cause platforms to abuse customers in oblique ways
Part 2 - imo content and content rules are poorly organized because there's no hierarchy/composability/scarcity
Part 3 - bad content doesn't cost anything and it gets elevated because it costs nothing to upvote a car crash
Part 4 - people are especially bad when it costs them nothing to be bad
Part 5 - power to curate/moderate should be expensive to gain, exercise, and very limited in scope/effect
He hasn't written about his own solutions yet, but his hints are things that we're already familiar with: