Anonymity Online: A Two-Edged Sword

The real risk is that we go on getting lost in stupid arguments, over shiny but trivial talking-points, and never get the hang of parsing what actually matters in the torrent of information overload. 

 

This essay, published in UnHerd examines the downside of anonymity and the pathologies of social media. And also the dangers of censorship. This is why we have no anonymity on tuka so reputational capital can be valued and rewarded. Some excerpts and comments below.

Why Twitter is So Awful

“…the term “attention economy” was coined… by Nobel Prize-winning economist Herbert Simon, in a 1971 article. Simon explored how to build organizations in a world saturated by information, arguing that attention is a key bottleneck in human culture. That is, the more abundant information is, the scarcer attention becomes as a resource.”

Yes, the time and energy consumed by attention are the resource constraints we face with too much information.

In the resulting bare-knuckle war for attention, it’s not reason that wins. Nor is everyone saying that the best, sanest, or most constructive ideas will prevail. Rather, it’s the most lurid (or aggressively state-sponsored) ideas that make it to the surface…

Yes, but nature has empowered us to adapt to a changing environment, and this applies to technological change that shapes our social interactions. We are learning how to cope with global social media that has distorted local human interaction. But one might have made a similar case against the introduction of the automobile. Motor vehicles made life more treacherous, where pedestrians were now subject to new risks. But we learned to regulate car traffic on roads and provide guidelines and behaviors for pedestrians. We learned how, when walking through town, to look both ways. We need to learn similar survival skills for navigating the online, virtual world. One must take control of one’s social engagement. Many have chosen to completely unplug.

The real risk is that we go on getting lost in stupid arguments, over shiny but trivial talking-points, and never get the hang of parsing what actually matters in the torrent of information overload. 

Yes, so one must exert judgment over how to spend one’s precious time. Not everyone will get it, but on a societal level it becomes a reflection of cultural values. Cultural values swing and tend toward the mean of humanity. When engaging online makes us feel less human, we will disengage in favor of human interaction. This is why so many people choose not to engage on Twitter and Facebook. And this is how we control the inhuman evolution of technology. Teach your children well.

The MetaVerse?

This editorial by The Guardian takes a critical look at social media and arrives at some of the same conclusions and insights we have here at tuka. Our points of agreement are highlighted with comments below:

The Guardian view on social media’s metaverse: it may remain science fiction

February 7, 2022
Editorial

The online virtual reality experience that almost every tech giant today wishes to commercially exploit may not catch on

In the 1992 sci-fi dystopia Snow Crash, the author Neal Stephenson imagined a bleak 21st century where the collapse of the global economy had seen governments fall and their power replaced by a few giant businesses. The book is notable for prescience, anticipating the adoption of what was then seen as outlandish technologies like the wireless internet, cryptocurrencies and smartphones, as well as the rise of the gig economy. But it is the book’s prophetic vision of “the metaverse” that has revived interest in the work.

That is because Stephenson described the online virtual reality experience that almost every tech giant today wishes to commercially exploit. Last October, Microsoft announced that users of its Teams online meetings app would be able to turn themselves into avatars – the term Stephenson popularized in Snow Crash – to encourage users into virtual interaction. Days later Mark Zuckerberg, Facebook’s founder, rebranded his company as Meta, with a focus on the potential for virtual worlds.

Mr Zuckerberg wants to convince the world that he has found new ways to make money – a quest that has become more urgent since last week it was revealed that the company’s user base may not just have plateaued but is starting to decline. This is in part because many Apple iPhone owners choose to opt out of being tracked by applications like Facebook and younger people prefer to spend time on the Chinese-owned social media network TikTok. Facebook users’ engagement provides the personal data used to target advertising. Mr Zuckerberg’s Meta rebrand is meant to signal that he will improve his firm’s targeting and measurement techniques – and extract more revenue from its users.

However, the metaverse may not be the future. The corporate version of social media has been blamed, with some justification, for rotting democracy from within. Because Facebook, Twitter and YouTube loom so large in the public imagination, there exists a “blind spot”, suggests computer scientist Ethan Zuckerman, for alternative models. Yet they are here. Tim Berners-Lee, the web’s inventor, wants to wrest power back from big tech and put people in control of their personal data. [Yes, data is the new gold and personal data is personal property that is valued.]

Other decentralized platforms – such as Mastodon – make it possible to create online communities with different rules. Progressive Twitter users in India switched in 2019 to mstdn.social after a supporter was suspended. However, the biggest decentralized social network is Gab, which serves de-platformed rightwing extremists. There are also social media platforms built around cryptocurrency/blockchain capitalism, which currently has a prohibitively large carbon footprint.

Contributors to such sites are typically rewarded with tokens, theoretically enabling high-quality content to be rewarded. However, this model has its downsides: notably that voting power is proportional to currency holdings [tuka departs from this weakness – there is no voting with tokens. Tukans become the currency with which the user base rewards the value of promotional behaviors through the productive sharing of valued content. The idea is prevent gaming of the human sharing “algorithm.”] When Steemit, one of the original crypto-sites, was bought out, its new owner used his market power to move it his own blockchain system – precipitating a walkout by users.

Mr Zuckerman’s wish is for “lots more social networks” that are explicitly governed by the communities who are working with them and offer tools that give more control over what is seen and how it is seen. [Yes, but in decentralized Web 3.0, platforms like Facebook have no ownership or control over the data networks created by users. So, essentially FB is rendered redundant.] He thinks that a period of fertile creativity may produce a new, more cooperative form of social media. One hopes he is right. [It does, as long as the creators have ownership and control of their content. This is the negation of Zuckerberg’s FB world. Perhaps the recent crash in FB’s tock price is an indirect reflection of that.]

NFTs?

NFTs (Non-fungible tokens) are the newest rage in blockchain development. These tokens are issued by the creators of digital assets and then registered on the Ethereum blockchain. The smart contracts associated with the tokens can award ownership rights to the asset with the rights to royalty payments for the marketing or sale of the asset. NFTs seem particularly suited to collectors’ items and can also be applied to physical assets. The sale of the tokens prepays the creator for the value created through his creation. Preselling NFTs for songs could deliver a revenue flow to musicians before the music became a commercial hit. Think of having a digital right of ownership to Happy Birthday or Yesterday or The Mona Lisa. The problem, of course, is that predicting the future value of a creative piece of art today is almost impossible. Remember, Van Gogh couldn’t sell any of his paintings!

This makes NFTs a very speculative asset play.

Click below to view the idea of an NFT art gallery:

The Gallery NFT

Time to Exit the FB Metaverse

Facebook is planning to rebrand…

…while Facebook has been heavily promoting the idea of the metaverse in recent weeks, it’s still not a concept that’s widely understood. The term was coined originally by sci-fi novelist Neal Stephenson to describe a virtual world people escape to from a dystopian, real world. Now it’s being adopted by one of the world’s largest and most controversial companies — and it’ll have to explain why its own virtual world is worth diving into.

Project Liberty

Frank McCourt Wants to Build a New Model for Social Media

WSJ

By Emily Bobrow Oct. 8, 2021 12:28 pm ET

It bothers Frank McCourt, the billionaire real estate mogul and former Los Angeles Dodgers owner, that his data—his contacts and search history, his shopping preferences and driving habits—is being harvested and used in ways he can’t control. “Big tech knows more about me than my wife, and I didn’t give them that permission,” he says over Zoom from his home in Wellington, Fla., where he lives with his wife Monica and their two young children.

The fact that a few powerful internet players are “hoarding and exploiting” the personal details of users is not only “inherently unfair,” Mr. McCourt argues, but also socially corrosive. He blames the rise in extremist views in the U.S. and around the world on social-media companies that prioritize “audience engagement” over the welfare of customers.

McCourt has pledged $250 million to Project Liberty, an initiative to reclaim the internet as a force for good.

In response, Mr. McCourt, 68, a self-styled “civic entrepreneur,” has pledged $250 million to create and advance Project Liberty, a grandly named initiative to reclaim the internet as a force for good. The plan includes $75 million to establish an interdisciplinary McCourt Institute to research and develop an ethical framework for new technology, in partnership with Georgetown University, his alma mater, and Sciences Po of Paris. Mr. McCourt has also promised $25 million to help develop a “Decentralized Social Networking Protocol” or DSNP, a new open-source, blockchain-enabled protocol for managing data on the internet.

It’s a new kind of infrastructure project for Mr. McCourt, who hails from a long line “of builders, of problem-solvers,” he says. His great-grandfather, an Irish immigrant, created a Boston road-building company. His grandfather, a part-owner of the Braves—the baseball team that played in Boston before moving to Atlanta—got into highway construction just as automobiles were becoming popular. His father took on a wider variety of big infrastructure projects, including expanding Boston’s Logan International Airport.

Mr. McCourt launched his own first business at 12, collecting garbage from neighbors near his family’s summer home in Deerfield, N.H., and entered the family business at 16. His family, in touting the value of hard work, would quote a Gaelic saying that translates loosely as “Where there’s muck, there’s brass.”

Mr. McCourt followed in his father’s footsteps at Georgetown, where he got a degree in economics in 1975 and met his first wife, Jamie, with whom he had four sons. But in business, he had a greater taste for risk and sought a different path, developing real estate instead of infrastructure. He helped convert Boston’s Union Wharf into a bustling mixed-use area in the late 1970s, then bought 24 acres on the waterfront from the defunct Penn Central Transportation, which soon generated millions in annual income as parking lots.

This was the property Mr. McCourt sold to help buy the Los Angeles Dodgers from Rupert Murdoch’s News Corp (the parent company of The Wall Street Journal) in 2004, in a highly leveraged deal valued at around $430 million. Mr. McCourt’s ownership of the Dodgers proved controversial, particularly when his messy, costly divorce from Jamie became public in 2009. To prevent the team from being seized by Major League Baseball, which accused him of “looting” team assets to fund his lavish lifestyle, Mr. McCourt declared the Dodgers bankrupt in 2011. He then sold the team in 2012 to a consortium led by Magic Johnson for a record $2.15 billion.

“When you go through something that’s humiliating, it changes you,” Mr. McCourt says of his time in Los Angeles. He admits, with hindsight, that he “could’ve done a better job” as a steward of the franchise. But the experience helped clarify his priorities. In 2013 he donated $100 million to establish the McCourt School of Public Policy at Georgetown, and then gave another $100 million earlier this year to help cover financial aid and scholarships. In 2018 he gave $45 million to help build The Shed, an arts center in Manhattan.

The Dodgers sale also enabled Project Liberty. Mr. McCourt doesn’t run a tech company and doesn’t use social media himself, but he is troubled by what he calls “a polluted ecosystem of information where you can’t distinguish between fact or fiction, information or disinformation.” He points to recent revelations in The Wall Street Journal that Facebook executives knew the company’s algorithms increase “misinformation, toxicity and violent content” on the site, but did nothing to rein in these problems for fear of alienating users.

He still has his mother’s voice in his head asking, ‘Yeah, but what are you going to do about it?’

Mr. McCourt decided to enter the field, he says, because growing up as one of seven siblings in his Irish Catholic family, he learned it was never enough to simply articulate a problem. He still has his mother’s voice in his head asking, “Yeah, but what are you going to do about it?”

With Project Liberty, his goal is to spur the creation of new social networks in which users, not platforms, have control over their own data. He notes that the official protocols used to send and receive information online—known as Web 2.0—were designed without accounting for how digital monopolies like Facebook and Google might use data and algorithms to sow discord, suppress innovation and compromise privacy. These developments, he says, have transformed the internet “from something that was designed to create value for society to something that creates value from it.”

Because technology moves so swiftly, Mr. McCourt says the solution to its ills is not more regulation, but innovation. Other developers share this view. Jack Dorsey, Twitter’s CEO, is in the early stages of creating an “open decentralized standard for social media” called Bluesky. Some smaller social-media companies, such as Steemit, Mastodon and Peepeth, already use blockchain or alternative technologies to challenge the likes of Facebook and Twitter.

That these companies are not yet household names does not concern Mr. McCourt. Nor does the fact that blockchain technology tends to be slower and more complicated for developers than the conventional web. He suggests the appeal of his protocol will soon be plain: “If I said to you, ‘You can have everything you have, but you will also own and control your data, you will own and control your privacy, you will be dealing with actual people and not machines, and if you engage in ad-tech you will be credited for your data,’ would you use it?”

“The guiding principle in Silicon Valley was ‘move fast and break things,’ which they achieved,” Mr. McCourt says. “Now we need to move fast and fix things so that we can restore trust, strengthen our democracy and make our economy much more fair.”

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Own Your Data

This platform turns data into cryptocurrency

This platform turns data into cryptocurrency

An ownership economy concept is a system where all individuals hold a financial stake or value from participation in an ecosystem.

“Big Data is broken. Users are not being compensated for an asset they create. Data is now the world’s largest digital asset, and Cirus puts control of it back into the hands of the user. Turning data into cryptocurrency, Cirus unlocks data as an asset for the user, opening the doors into Web 3.0 and unleashing its long term potential as a new bankable asset,” says the Cirus team.

Cirus Foundation plans to build an ownership-led economy, giving individuals control over their data and how it is used, enabling any person with a Cirus device in their home to transact with cryptocurrencies and decentralized assets.

Plague and the Meaning of Life

The coronavirus pandemic has taken away so much in the blink of an eye: lives, jobs, income, wealth, vacations, travel, live entertainment, eating out, socializing, family gatherings, birthday parties, graduations, sports, libraries, universities, among so many things we never knew we would (not) miss.

But the pandemic has also given us a moment to reflect; to reflect on life’s true meaning and value.

Plagues, like war, strip us down and lay us bare, the reason why they are constantly explored through our arts and literature.

So, as we #stayathome, quarantined away from the frantic life of just a few months ago, we have been given this unique opportunity of time to consider the important things in life. Not yesterday, not tomorrow. Today.

You can be sure binge-watching Netflix and Showtime is not one of them. Meaningless passive entertainment is a time killer, so why take the time this crisis is giving us and squander it?

Will 2020 be like the proverbial hole in the resumé of our lives?

No. Idle time, a thing so rare these days, will lead us back to our hearts and souls because the alternative is maddening. The constant barrage of the Information Age has robbed us of being alone with ourselves, to discover what makes us tick. It’s not just TikTok.

Instead, our creative spirits sing the language of our souls as we reach out with our hearts to communicate and share that song. Heart and soul. People are playing music, singing, cooking, baking, drawing, painting, writing, planting gardens – all dancing to the rhythm of life, no longer marching to the drumbeat of time and money. Technology, that two-edged sword, helps us make the connections that fill our need for social engagement. But one can only stare at a Zoom party screen for so long. We must create meaning to share meaning. It is that love of the creator in all of us.

And this, thanks to a global pandemic, is actually happening. And not a moment too soon.

Create—Share—Connect