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writing for godot

The Revenue Rakers:- Why Social Media Don't Remove Fake News Or Abusive User Accounts

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Written by Russell S.Wyllie   
Sunday, 18 November 2018 02:08

Just watched a programme called 'Beyond Fake News' (a BBC news channel special), which only covered one aspect of social media: its inability to remove fake news content....What about people posting abusive and attacking insulting remarks aimed at Trump, Republicans, Democrats for example... Many social media users make money for social media by the popularity of their tweets and posts... even using chatbots to spread hate and criticism of Trump or whoever or whatever is popular (or unpopular):- and if they go viral then they are used to make money for the big media and social media tech companies and advertizing companies.

 

Read these next 2 paragraphs which explain more (from this article :- https://www.investopedia.com/ask/answers/120114/how-does-twitter-twtr-make-money.asp) :-

 

"Twitter makes 86% revenue from advertizing, Twitter uses promoted tweets, promoted accounts and promoted trends. Twitter also sells promoted tweets to marketers, and these then appear in users' Twitter feeds. The company creates tailored advertising opportunities by using an algorithm to make sure promoted tweets make it into the right users' timelines. Promoted accounts are those paid for by an advertiser that Twitter places in targeted users' "Who to Follow" list.

 

Twitter makes additional money through data licensing. Twitter has named four companies "official data resellers," and these companies have direct access to all tweets. Each company has developed algorithms for data mining that measure consumer response to everything from brands to movies. Television shows and digital media brands are heavily invested in Twitter data, often promoting live tweeting as a means to gauge interest and response during event coverage or a broadcast... "

 

The truth is, these companies and social media giants will NOT remove fake news accounts or abusive social media posts that get re-tweets because they can sell that data among each other and make money from the popularity of those fake news posts or users accounts where criticism of Trump or any other popular person or issue is going viral... This is why 'fake news' posts and rogue social media accounts won't be removed any time soon. The big social media companies simply know this and state , 'They will look into it...(or) We still have plenty to do'... In other words, plenty of money to be made and they don't care what people post if it makes them huge amounts of money... That is the truth behind social media companies, advertizing behemoths and the system of raking in billions from 'fake news', abuse and criticism that goes viral across the web, raking in the billions of dollars each year out of garbage information (fake news), your tweets, re-tweets, posts, comments and shares. - Anyone for a cup of Russian collusion??

e-max.it: your social media marketing partner
 

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