> but you'd be missing the fact that users of services like Facebook or Twitter are the product and not the customers
So you agree that social media recommendation services are not optimising for situations their users like. So the conclusion of your disagreeable grandstanding is the one I offered in my initial comment.
> The only objective fact about these services is that ... infer the preferences they reveal.
They force them (/create environments) into choices where their actions are advantageous to an ad. company, yes.
The theory of "revealed preferences" is highly contested, and its highly unlikely any such things exist. People's apparent preferences are functions of their environments, and are largely created by them, not "revealed".
The entire tradition of neoclassical economics begins from a methodological premise that closed-form mathematical functions ought represent key terms of interest (eg., preferences). However that assumption is so laughably false it's ridiculous, all social systems -- including preferences --- have path dependence (hysteresis) and are parameterised on such a large number of variables that no such "formula" can be written.
So the least objective, most pseudoscientific description of a situation in which a person enters a casino and gambles their life away is that, somehow a magic casino machine is "revelling" the Preferences of The Human Mind.
In sum, my reply to the comment stands unaltered. Social media recommendation systems are not optimising for what their users like,.