Slouching Towards Oblivion

Friday, January 26, 2018

The Buzz Man


You've heard it before, and here it is again:

Of all the wealth generated in the world last year, 82% of it went to the Top 1%.
None of it - NONE OF IT - went to the bottom 50%.


And there's a very good rundown of what's been happening in the Mueller investigation, and the bit about the use of bots and American social media.*


Buzz Burbank - News & Comment:




*BTW -

Why Fake News Targeted Trump Supporters - The Atlantic from last year.

(I think this guy's conclusions are a bit silly, because we know that moving even a low percentage of voters makes a huge difference)
Here's the study

Abstract: 

Though some warnings about online “echo chambers” have been hyperbolic, tenden- cies toward selective exposure to politically congenial content are likely to extend to misinformation and to be exacerbated by social media platforms. We test this prediction using data on the factually dubious articles known as “fake news.” Using unique data combining survey responses with individual-level web tra c histories, we estimate that approximately 1 in 4 Americans visited a fake news website from October 7-November 14, 2016. Trump supporters visited the most fake news web- sites, which were overwhelmingly pro-Trump. However, fake news consumption was heavily concentrated among a small group — almost 6 in 10 visits to fake news web- sites came from the 10% of people with the most conservative online information diets. We also find that Facebook was a key vector of exposure to fake news and that fact-checks of fake news almost never reached its consumers.

Happy Friday!

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