4min chapter

From the New World cover image

Byrne Hobart: Over- and Under-Correction in Tech

From the New World

CHAPTER

The Role of Professionals in Social Media

A lot of the most popular content on social networks is actually content that is professionally produced. You also see this with things like peer to peer lending so the original pitch was some people put money in the bank and they gave a little interestSome people need to refinance their credit card debt they pay really high interest. Why don't we just connect these two people so instead of earning 2% from a certificate deposit you can earn 8%. And then someone who's the borrower instead of paying 25% capital one they're paying 8% to consolidate their credit cards and everybody wins.

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