When Product Markets Become Collective Traps: The Case of Social Media | BFI
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Large shares of consumers use Instagram and TikTok out of a fear of missing out rather than genuine interest and, as a result, are worse off than if...

Those findings are crazy. I’ve never been social media addicted, been into luxury or general show-off brands (I pay extra to not look like I’m an advertisement… for anything but metal bands), so I don’t really know much about those issues.

    • Haui@discuss.tchncs.de
      4·
      1 year ago

      You were faster to answer than my edit.

      I can only asssume why the technique hasn’t worked for a long time. But taking the example from social media where it would be voting with your feet (leaving), the product markets for games are defined. And in these markets, I recon the majority is vulnerable, so yes. It is most likely the majority.

        • Haui@discuss.tchncs.de
          2·
          1 year ago

          so none of the bystanders should help them either

          I don’t understand this. Telling someone to vote with their wallet is not helping. The equivalent would be that a victim was „told“ to defend themselves. I am saying we shouldn’t put the responsibility on the victim but the aggressor.

          just like with most things in life

          That I can agree to. Taking action is hard. But I would say that it is easy to broadly judge „most people“ while this very article says that in the case of social media, the boomers‘ blame for example seems to be ill aligned. Not the people are to blame but the mechanics.

            • Haui@discuss.tchncs.de
              2·
              1 year ago

              Yes, that is correct. People „should“. As they „should drive more carefully“, „smoke less“, „eat healthy“, „consume thoughtfully“ and so on.

              We both know this is why we have the rule of law. People are not and will never be fully self governing as long as we have the system we do. We are much too stressed to make the right decisions every time. We used to be able to drive without a seatbelt on, to take cocaine whenever we wanted. Didn’t work very well. It’s simple psychology. Some of us govern themselves mostly well, others dont. That doesn’t mean they can be held responsible for their inability to do so. They need to helped with measures to keep harm away.

                • Haui@discuss.tchncs.de
                  2·
                  1 year ago

                  In this case, we might slightly misunderstand eachother but seem to be mostly on the same page.

                  I still dont think the majority governs themselves well because we would be happily living in anarchy then.