RT – February 16, 2018: Billionaire investor George Soros says social media companies, especially Facebook and Google, are becoming “obstacles to innovation” as they have become too powerful and should be broken up. And while often playing an “innovative and liberating role,” the companies are deceiving users “by manipulating their attention” and “deliberately engineering addiction” to their services, Soros wrote in an editorial for the Project Syndicate website.
The two firms, he says, profit from making users stay on their websites for long periods of time. Due to the size of the companies, content providers have to “accept whatever terms they are offered,” but that is only helping Facebook and Google become more profitable.
Also refer to the article: Might Of Thought: Media Ecology And Neuro-Linguistic Programming