Facebook exec: media firms that don't work with us will end up 'in hospice'

theguardian.com

27 points·humantiy··7 comments

Reminds me of this article: https://www.nytimes.com/2018/08/14/magazine/facebook-google-...

The big tech companies seem to be following the same abusive behavior as monopolies in other industries that preceded them.

Why wouldn't they? Humans are basically the same no matter what their trade or craft is. If you get power, you try to keep and expand it. Nothing controversial there really.

Didn't Facebook recently pull the rug out from under media organizations that worked with them, when they updated their feed algorithm to deprioritize news articles?

Deprioritized, but not eliminated. There are many other things facebook can do to bury specific articles or publishers.

Not showing them at all, as well as not showing articles that have been shared by friends, for example.

Publishers need to own their own distribution, it's that simple. That's their core business and it can't be outsourced

Seems like she's just being candid to me.

Journalism is in trouble, and it was in trouble long before Facebook and Twitter came along.

Either adapt or die.

Right.

It's not like corporations, especially corps with a significant impact on society, should have any responsibility to use their power in a way that helps improve (or at least doesn't degrade) the society upon which their wealth was built . . .

/<sarc>

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