> The business model is to divert revenue that used to go to newspapers and publishers to themselves. And so by manipulating people in this specific way that they do, which is to keep them using their system and keep surveilling them so that they can target them with ads, they are, in the process, crushing newspapers and publishers, who no longer have any financing, particularly local newspapers and niche publications like Black-owned newspapers.

Is there any business this entitled? Imagine a bookstore owner describing amazon's business model as diverting revenue that used to go to bookstores, particularly black-owned backstores, to themselves. Somehow the revenue flows, like water, it used to flow to newspapers, and now it flows to facebook. I'm glad at least that the interview skips over bots, russians and algorithms and goes straight to the point, which is that people like matt make less money because everyone can share their views now, and people find their friends rants just as entertaining as matts.