14 OCT 2013 by ideonexus
The Implications of a Facebook Bankruptcy
One reason companies like Facebook should be interested in what I am proposing is that planning a regulation regime is better than morphing involuntarily into a dull regulated utility, which is what would probably happen otherwise. Suppose Facebook never gets good enough at snatching the “advertising” business from Google. That’s still a possibility as I write this. In that event, Facebook could go into decline, which would present a global emergency. It’s not an outlandish scenario....Folksonomies: social media
Folksonomies: social media
People would lose their friends, contacts, and much online history.
Advertising and shopping malls form a "permanent theatre".
03 JAN 2012 by ideonexus
We Are Moving to a World Where Only Advertising is Worth ...
If you want to know what’s really going on in a society or ideology, follow the money. If money is flowing to advertising instead of musicians, journalists, and artists, then a society is more concerned with manipulation than truth or beauty. If content is worthless, then people will start to become empty-headed and contentless. The combination of hive mind and advertising has resulted in a new kind of social contract. The basic idea of this contract is that authors, journalists, musicians...Artists are being forced to give away their content for free, making it essentially worthless. When content is worthless, people will become contentless.