3min chapter

Lex Fridman Podcast cover image

#239 – Niall Ferguson: History of Money, Power, War, and Truth

Lex Fridman Podcast

CHAPTER

How to Build Social Networks That Work?

I do hope that there is kinds of networks that emphasize the better angels of our nature to quote Stephen Pinker. I think it's pretty easy if you set that as the goal to build social networks that don't have these negative effects. But if the business model is we sell ads and the way you sell ads is to maximize user engagement, then the algorithm is biased in favor of fake news and extreme views. It has more to do with planning for the long term. So optimizing the selling of ads to make people happy with themselves in the long term rather than some kind of addicted, like dopamine feeling.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode