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‘The Social Dilemma’ may cause you to unplug

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If you think Facebook, Twitter and Instagram are the greatest tools since the discovery of fire, you need to watch the Netflix documentary “The Social Dilemma.” What you will learn is that we are not using social media platforms as much as they are exploiting us.

The ugly truth, as told in interviews with men and women who helped to build social media companies but have now become skeptical of their power, is that we users are nothing more than an “extractable resource.” Our attention to devices is gathered and sold in mountains of data that are worth untold billions to advertisers worldwide.

Tristan Harris, a former design ethicist at Google, opines that “Never before in history have 50 designers made decisions that would have an impact on two billion people.” Ann Lembke, an addiction expert at Stanford University, explains why we can’t detach ourselves from our screens: Social media companies have learned how to exploit the brain’s evolutionary need for interpersonal connection.

As it turns out that is the Frankenstein that the well-intentioned people in Jeff Orlowski’s documentary lament having helped to create. In a recent review of the documentary written by Devika Girish, she writes that “They claim that the manipulation of human behavior for profit is coded into these companies with Machiavellian precision: Infinite scrolling and push notifications keep users constantly engaged; personalized recommendations use data not just to predict but also to influence our actions, turning users into easy prey for advertisers and propagandists.”

Justin Rosenstein, a former designer for Facebook and engineer for Google, says in the documentary that we mistakenly think of all of the services on the internet as being free. “But they are not free. They are paid for by advertisers. They pay in exchange for showing their ads to us. We are the product. Our attention is the product being sold to advertisers.”

Or as another participant points out: “If you are not paying for the product, then you are the product.”

Jaron Lanier, founding father of Virtual Reality and a computer scientist, puts a finer point on that description. “That’s a little too simplistic. It’s the gradual, slight, imperceptible change in your own behavior and perception that is the product. Changing what you do, what you think, who you are.”

Certainly there is complete agreement about the notion that everything we do online is being tracked, measured and recorded.

“Exactly what image you stop and look at and for how long,” says former Twitter executive Jeff Seibert. “They know when people are lonely, they know when people are depressed, they know we are looking at photos of ex-romantic partners, they know what you are doing late at night, they know the entire thing. Whether you are an introvert or extrovert or what kind of neurosis you have.”

All of that data is then used to build a model of each of us, a sort of avatar, according to the documentary. The more complete the model, the better the social media companies are able to predict our actions, which is exactly what advertisers are banking on.

At the end of the day, the three goals of social media companies are engagement, growth and advertising. The goals are powered by algorithms whose job is to decide what to show you to keep those numbers going up.

Roger McNamee, a venture capitalist and early investor in Facebook, says that as a tool of persuasion Facebook may be the greatest thing ever created. “Now imagine what that means in the hands of a dictator or authoritarian. If you want to control the population of your country, there has never been a tool as effective as Facebook.”

In the end, Lanier says he knows that everyone is not going to delete their social media accounts. However, he insists that if some do, it creates space for a conversation that isn’t bounded by the manipulation engines.

Watch the documentary at your own peril, because some of you will choose to unplug. And if not you, keep the screens out of the hands of your kids for as long as possible.

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Facebook Faces Yet Another Outage: Platform Encounters Technical Issues Again

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Facebook Problem Again

Uppdated: It seems that today’s issues with Facebook haven’t affected as many users as the last time. A smaller group of people appears to be impacted this time around, which is a relief compared to the larger incident before. Nevertheless, it’s still frustrating for those affected, and hopefully, the issues will be resolved soon by the Facebook team.

Facebook had another problem today (March 20, 2024). According to Downdetector, a website that shows when other websites are not working, many people had trouble using Facebook.

This isn’t the first time Facebook has had issues. Just a little while ago, there was another problem that stopped people from using the site. Today, when people tried to use Facebook, it didn’t work like it should. People couldn’t see their friends’ posts, and sometimes the website wouldn’t even load.

Downdetector, which watches out for problems on websites, showed that lots of people were having trouble with Facebook. People from all over the world said they couldn’t use the site, and they were not happy about it.

When websites like Facebook have problems, it affects a lot of people. It’s not just about not being able to see posts or chat with friends. It can also impact businesses that use Facebook to reach customers.

Since Facebook owns Messenger and Instagram, the problems with Facebook also meant that people had trouble using these apps. It made the situation even more frustrating for many users, who rely on these apps to stay connected with others.

During this recent problem, one thing is obvious: the internet is always changing, and even big websites like Facebook can have problems. While people wait for Facebook to fix the issue, it shows us how easily things online can go wrong. It’s a good reminder that we should have backup plans for staying connected online, just in case something like this happens again.

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We asked ChatGPT what will be Google (GOOG) stock price for 2030

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We asked ChatGPT what will be Google (GOOG) stock price for 2030

Investors who have invested in Alphabet Inc. (NASDAQ: GOOG) stock have reaped significant benefits from the company’s robust financial performance over the last five years. Google’s dominance in the online advertising market has been a key driver of the company’s consistent revenue growth and impressive profit margins.

In addition, Google has expanded its operations into related fields such as cloud computing and artificial intelligence. These areas show great promise as future growth drivers, making them increasingly attractive to investors. Notably, Alphabet’s stock price has been rising due to investor interest in the company’s recent initiatives in the fast-developing field of artificial intelligence (AI), adding generative AI features to Gmail and Google Docs.

However, when it comes to predicting the future pricing of a corporation like Google, there are many factors to consider. With this in mind, Finbold turned to the artificial intelligence tool ChatGPT to suggest a likely pricing range for GOOG stock by 2030. Although the tool was unable to give a definitive price range, it did note the following:

“Over the long term, Google has a track record of strong financial performance and has shown an ability to adapt to changing market conditions. As such, it’s reasonable to expect that Google’s stock price may continue to appreciate over time.”

GOOG stock price prediction

While attempting to estimate the price range of future transactions, it is essential to consider a variety of measures in addition to the AI chat tool, which includes deep learning algorithms and stock market experts.

Finbold collected forecasts provided by CoinPriceForecast, a finance prediction tool that utilizes machine self-learning technology, to anticipate Google stock price by the end of 2030 to compare with ChatGPT’s projection.

According to the most recent long-term estimate, which Finbold obtained on March 20, the price of Google will rise beyond $200 in 2030 and touch $247 by the end of the year, which would indicate a 141% gain from today to the end of the year.

2030 GOOG price prediction: Source: CoinPriceForecast

Google has been assigned a recommendation of ‘strong buy’ by the majority of analysts working on Wall Street for a more near-term time frame. Significantly, 36 analysts of the 48 have recommended a “strong buy,” while seven people have advocated a “buy.” The remaining five analysts had given a ‘hold’ rating.

1679313229 737 We asked ChatGPT what will be Google GOOG stock price
Wall Street GOOG 12-month price prediction: Source: TradingView

The average price projection for Alphabet stock over the last three months has been $125.32; this objective represents a 22.31% upside from its current price. It’s interesting to note that the maximum price forecast for the next year is $160, representing a gain of 56.16% from the stock’s current price of $102.46.

While the outlook for Google stock may be positive, it’s important to keep in mind that some potential challenges and risks could impact its performance, including competition from ChatGPT itself, which could affect Google’s price.


Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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This Apple Watch app brings ChatGPT to your wrist — here’s why you want it

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Apple Watch Series 8

ChatGPT feels like it is everywhere at the moment; the AI-powered tool is rapidly starting to feel like internet connected home devices where you are left wondering if your flower pot really needed Bluetooth. However, after hearing about a new Apple Watch app that brings ChatGPT to your favorite wrist computer, I’m actually convinced this one is worth checking out.

The new app is called watchGPT and as I tipped off already, it gives you access to ChatGPT from your Apple Watch. Now the $10,000 question (or more accurately the $3.99 question, as that is the one-time cost of the app) is why having ChatGPT on your wrist is remotely necessary, so let’s dive into what exactly the app can do.

What can watchGPT do?

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