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Zuckerberg’s New Meta Pummeled by Stock Market

Meta (Facebook reimagined) faces a gauntlet of challenges only months after Zuckerberg announced his new "metaverse" initiative

Last October, Facebook CEO Mark Zuckerberg announced that Facebook would be undergoing a major facelift to become Meta. The Facebook platform we all know and love would remain as is, but Meta would become Facebook’s parent company with a primary focus of developing the “metaverse,” an immersive online experience that Zuckerberg called “the next frontier” of the internet. But Meta is off to a rough start. Facebook’s parent company shed more than $230 billion in market value Thursday, a one-day loss that is the biggest ever for a U.S. company and increases pressure on a stock market long powered by technology shares…. The Facebook parent company surprised investors with a deeper-than-expected decline in profit and a downbeat outlook. The company…

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Will AI Take Over Content Moderation?

While content moderators report psychological trauma, experts weigh in on whether artificial intelligence could remove humans from the equation

How do Facebook, Twitter, Instagram, Google, YouTube, and other platforms keep up with the millions upon millions of posts, comments, videos, and photos posted to their sites on a daily basis? It takes a partnership between artificial intelligence and human content moderators.  In recent years, however, content moderators have begun to reveal that their work is often traumatizing. Moderators for Facebook and TikTok have gone so far as to sue for the psychological harm they have experienced at their workplaces, regularly reviewing images and videos that you and I never have to see depicting rape, murder, child trafficking, and other violent and graphic content. Subjecting workers to violent and graphic imagery is an unsustainable way of keeping the internet free of such…

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Social Media Content Moderator Sues TikTok for PTSD

Social media moderators protect users from graphic content, but who protects the moderators?

A social media content moderator is suing TikTok, a popular video app, for psychological trauma developed from 12-hour shifts moderating endless graphic videos. Candie Frazier works for Telus International, a Canadian contracting firm providing moderation services to social media apps like TikTok. Frazier filed a complaint with the California Central District Court in December, alleging that TikTok and parent company ByteDance do not provide enough support for the psychological wellbeing of their contracted moderators, whose job it is to remove violent, graphic, and otherwise inappropriate content from the platform. TikTok’s popularity exploded in the aftermath of pandemic lockdowns, especially among millennials and Generation Z. As of September, TikTok reported 1 billion users every month. In her complaint, Frazier explains that…

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technology and socialism

“AI is fastest path to Communism,” says Elon Musk’s partner

In a viral TikTok video, the singer/songwriter said AI will lead us to a world of leisure and no work

Social media was aflood yesterday with confusion and intrigue when Grimes – a Canadian singer/songwriter and 3-year partner to technological entrepreneur Elon Musk – said that “AI is actually the fastest path to communism” and encouraged communists to embrace the technology if they want to see their political dreams come true. Grimes (born Claire Elise Boucher) posted a short video to TikTok on Thursday, proposing that artificial intelligence could lead us to a utopia in which no one has to work and everyone lives in leisure: “I have a proposition for the communists. So, typically most of the communists I know are not big fans of AI. But if you think about it, AI is actually the fastest path to…

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Digital globe with mosaic of images

Why Some Nation States Are Banning TikTok

The United States is not alone in questioning the social medium’s allegiance to the Chinese government

Why is TikTok so controversial? It’s the first Chinese technology company that has reached a billion users outside of China. Its main demographic is Generation Z—teens and twenty-somethings. If you take a look at TikTok videos, most are goofy and irreverent. They’re frenetic shorts of everything from fashion tips to pranks and, of course, (bad) dancing. TikTok’s stated mission is to “inspire creativity and bring joy.” What could go wrong? Here’s what. Working with China, as Disney and the NBA can attest, comes with certain strings attached, including acquiescing to the Chinese Communist Party’s rules for acceptable speech. Because ByteDance, which owns TikTok, is a Chinese company (although partly owned by investors from the U.S. and Japan), the Chinese Communist…