When Product Markets Become Collective Traps: The Case of Social Media | BFI
bfi.uchicago.edu
Large shares of consumers use Instagram and TikTok out of a fear of missing out rather than genuine interest and, as a result, are worse off than if...

Those findings are crazy. I’ve never been social media addicted, been into luxury or general show-off brands (I pay extra to not look like I’m an advertisement… for anything but metal bands), so I don’t really know much about those issues.

    • Haui@discuss.tchncs.de
      2·
      11 months ago

      In this case, we might slightly misunderstand eachother but seem to be mostly on the same page.

      I still dont think the majority governs themselves well because we would be happily living in anarchy then.