Nah. People outside our bubble don't care.
This time, it feels flipped. My Silicon Valley circles repeat that this will blow over in a week. Outside that bubble, wheels are turning for the first time (to my recollection).
For lack of a better term the New York bubble vs the Bay Area bubble.
Big bubble.
I believe that Zuckerberg will patch-up this mess (for now) and the investors just managed to buy something for 10% cheaper. There is a rule in forex trading: most events' results last 4 days. Perhaps for FB it will last a bit more. But when it comes to stock that's a different game. FB can make the comeback of this 10% in a couple months (tops) and continue being profitable.
Check stock price since 2013. FB stock definitely to continue performing similarly.
[1]: https://www.tradingview.com/chart/FB/r2H0bemr-FB-Facebook-Li...
The Ominous Parallels[1] explores this, and the parallels with current American politics:
The Nazis did not gain power against the country’s wishes…The Nazi party was elected to office by the freely cast ballots of millions of German voters, including men on every social, economic, and educational level. In the national election of July 1932, the Nazis obtained 37 percent of the vote and a plurality of seats in the Reichstag. On January 30, 1933, in full accordance with the country’s legal and constitutional principles, Hitler was appointed Chancellor. Five weeks later, in the last (and semi-free) election of the pre-totalitarian period, the Nazis obtained 17 million votes, 44 percent of the total…
In 1933, when Hitler did establish the system he had promised, he did not find it necessary to forbid foreign travel. Until World War II, those Germans who wished to flee the country could do so. The overwhelming majority did not. They were satisfied to remain…
[1] https://www.amazon.com/Ominous-Parallels-End-Freedom-America...
I simply can't understand all these Nazi analogies all around, as if people had no idea what the Weimar Republic was and all their knowledge of the interwar period is based on some Hollywood movies.
The NSDAP promised law and order, and to improve the economy.
No doubt many people supported the nazis for all the reasons you quote.
But why weren't there mass protests or resistance of any note against all the book burnings and all the targeting of jews in the 30s? The absence of any notable resistance to nazi policies before the war is a strong indicator of apathy.
As a resident of a country that is currently going through ultra-nationalist propaganda, brainwashing and violence against sections of our society, I strongly feel apathy of the masses towards persecuted countrymen is, and has always been, a factor in all such events and can't be so summarily dismissed.
Why right now there aren't mass protests against free speech restrictions on university campuses? Because a) a lot of people agree with them and b) people that don't agree with them and want to protest get intimidated and scared into silence (ironically, often by being called "nazis") by threats ranging from being stalked, boycotted, forced out of the job, bullied online to the direct physical violence. See how "free speech week" in Berkeley worked out.
You say "oh, that's different - now it's for the right cause!". Surely, the Germans thought exactly the same. Their cause was stability, economic prosperity, security and restoration of the pride and the glory of German nation. Why wouldn't one - without the knowledge of what followed - disagree with it? They weren't ignorant of the freedoms they are sacrificing - they thought the goal is worth it. Hopefully, now we know better.
> all the targeting of jews in the 30s
Louis Farrakhan is ranting about "the Jews" right now, all the time, has been doing the shtick for years. Still on Twitter and even has the blue checkmark, interviewed, hand-shaked, etc. People still go and take photo with him (yes, including Obama, in 2005). DC city council member just days ago ranted about "Jews controlling the weather". Still DC council member, and his half-hearted apology was shrugged off by his supporters as "we all talk about in private, why can't we talk about it in public?" Why there are no mass protests? Because people think nothing will come out of it, it's just some crackpots bullshitting. German people thought the same. They weren't politically apathetic, they just didn't see the threat and thought the good things Nazis promised (security, stability, order, etc.) are much more important than occasional crackpot mouthing off. They were very wrong, obviously, but they didn't know it back then.
Now, in your favor, they have not cared, despite the majority of this info being old, known.
Context matters.
This last election was very highly controversial. I get downvotes for more commentary, and I know why too.
It's OK, but it does make this discussion a bit harder.
Let's just say people have seen more about the ugly parts of politics than usual. The choices they had and why are troublesome too.
The parties both want to avoid accounting for their abuses, and or just working realities, when known are not popular, too.
Given things like this in play, and strong incentives for many "to put blame anywhere else", or onto "those other people", the conditions needed for this information to matter are ripe!
Should be no real surprise.
Many, in my circles, have only casual understanding of the data issues. They appreciate the good, and as long as they get a lot of value out of the products, they will push cares away.
Most are asking great questions, and they are weighing the info they get, trying to understand.
It's more than I have ever seen, despite my own efforts to inform earlier.
What is most disturbing, to me, isn't the interest. That discussion should have happened years ago. "You are the product" means a lot more than many know, and it's not all bad too.
Many will evaluate all of this and make different choices. FB won't be the same for them. FB won't die either, but like the kids did, people will move on, seek alternatives and more agency as to what happens.
Good.
The disturbing thing is alphas, influencers linking all of this to every bad, deep state, nefarious actor, prediction of doom they can.
Not good.
Adam Curtiss on ‘Oh Dearism’
If you disagree, that’s ok, but please actually make an argument or don’t bother replying.