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The podcast episode discusses Tim Wong's project, The Trade Journal Co Operative, which offers niche trade journals to subscribers. The project originated from Tim's fascination with the randomness and uniqueness of trade journals, which he describes as documents from a parallel universe. The project explores various industries and their microcosms, providing quarterly explorations of these industries' fascinating aspects. The journals cover a wide range of topics, from haunted houses to marketing strategies, appealing to a diverse audience. The project has attracted subscribers who enjoy receiving these quirky and informative publications, including journalists and even investment groups.
The podcast delves into Tim Wong's research on information warfare and the use of bots to manipulate social media. Over a decade ago, Tim and his collaborators conducted experiments using bots to shape online discussions. They discovered that even simple scripts could generate powerful social interactions. Tim's paper explores the strategy for countering information warfare, emphasizing the importance of robust social topologies and evaluating the responsibility of platforms and governments. He also considers the challenges in regulating the spread of misinformation and the need for a clear red line to determine when intervention is necessary.
The podcast episode highlights two of Tim Wong's creative projects. National Conspiracy Writing Month (Naco Rhymo) is inspired by National Novel Writing Month and challenges participants to develop a complete conspiracy theory in 30 days. The playful project encourages exploration of imaginative and compelling ideas. The Cogsek Conference focuses on countering online influence operations in the real world. It aims to provide practical insights and strategies from individuals with hands-on experience in dealing with bots and manipulation. The conference features speakers who share their expertise, including infiltrating extremist groups and combating disinformation campaigns.
The podcast explores the premise that the current ad-based economy of the web, driven by programmatic advertising algorithms, is more fragile than it appears. The book 'The Subprime Attention Crisis' argues that the effectiveness and value of online ads are often overestimated, with large segments of the economy relying on this marketplace. The implications of this fragility extend to users, publishers, and companies dependent on advertising revenue. The book raises concerns about the potential for a bubble in the ad industry and explores the need for new norms and models in the web ecosystem, such as the psychological shift toward paid content and the emergence of Web 3.0.
In addition to discussing the subprime attention crisis, the podcast also touches on the California Review of Images in Mark Zuckerberg, an academic journal focused on the imagery in which the Facebook CEO appears. This project aims to examine the intriguing and sometimes awkward images of Zuckerberg and their cultural significance. The journal intends to establish an academic field dedicated to analyzing imagery of influential tech industry leaders, questioning the meaning and symbolism behind these representations. The conversation delves into the unique nature of Zuckerberg's media presence and the potential insights that can be gained from studying such phenomena.
Tim Hwang is the most interesting man on the internet. He runs a project called the Trade Journal Cooperative, which I've subscribed to for years. We talk about how the Trade Journal Cooperative got started it, how Tim *secretly* went to law school, and several other projects Tim is working on including an academic journal dedicated to bizarre images of Mark Zuckerberg. Thought that was all? That’s not all. Also using bots to wage information wars on social media, and Tim’s book which predicts an online advertising bubble. My favorite thing about Tim is his ability to sit on the fence between very serious and very whimsical.
To start our conversation, Tim talks off the cuff about one of his heroes, Charles Fort, who compiled books of anomalous phenomena and is the source of the term “Fortean.” This explains a lot about Tim. We then explore Tim’s role as a trade journal sommelier and the Trade Journal Cooperative which provides a quarterly exploration of various industries. We talk a bit about the vastness of the trucking industry and also about the elevator, i.e., vertical transportation, industry.
Tim also tells us the awkward story of how he somewhat unintentionally ended up going to law school secretly, and we explore some of the projects he started after graduating, including Rosen, Wolfe and Hwang, a boutique law practice that specializes in serving the unique needs of independent creators and small to midsize technology businesses, and Robot, Robot & Hwang, which was created off the notion of creating a fully automated law firm. Among other projects, Tim also started the academic journal The California Review of Images and Mark Zuckerberg, which explores why Zuckerberg seems to be exceptionally good at ending up in strange images and what that says about the media and culture.
I ask Tim to talk about his 2019 paper titled “Maneuver and Manipulation: On the Military Strategy of Online Information Warfare,” which is about how bots shape discussions online and the possible strategies of combating public manipulation. We also talk about a couple of branches off the information warfare piece, the National Conspiracy Writing Month (NaCoWriMo), in which participants complete a “daunting, but straightforward challenge to develop a deep, viable and complete conspiracy theory during the 30 days of November,” and COGSEC, which is a conference on the real-world practice of countering online influence operations. We wrap up our discussion talking about Tim’s recently published book The Subprime Attention Crisis that explores the bubble of online advertising and its potential implications on web2 giants.
Links:
Maneuver and Manipulation: On the Military Strategy of Online Information Warfare
Sub-prime attention crisis by Tim Hwang
The Dawn of Everything by David Graeber
Additional Episodes If You Enjoyed:
Sean O’Connor: How Blockchain is Changing Society with Costless Transactions
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Listen to the best highlights from the podcasts you love and dive into the full episode