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This started as a post on my blog. This edited version is intended to be kept more up-to-date.
Profiting from convincing (or, perhaps more accurately, “manipulating”) people to pay attention. Big Social Media sites like Facebook are part of the attention economy: you pay nothing to use the site. In fact, you are the product; they sell your attention to advertisers, and therefore design their product to maximize their profits by manipulating you to spend more time on the site.
This started out at a post on my blog. This edited version is intended to be kept more up-to-date.