Profile picture
Michael Koolidge @koolidge
, 10 tweets, 3 min read Read on Twitter
Here's the #Facebook "scandal" in a nutshell:
(1/10) In 2004 Mark #Zuckerberg creates essentially the biggest single advertising platform of all time.
(2/10) Facebook's genius is that instead of advertising that's coupled with original content (TV, radio, print, other websites) the "original content" of FB is the audience itself, as they "connect" with each other.
(3/10) Like any & every business, ever, at some point FB needs to find a way to get people to voluntarily give them lots of money. Who though? Well, companies/entities that want to influence groups of people to do things (duh).
(4/10) In order to target advertising effectively, FB collects data on its individual users (also, duh).
(5/10) These entities come to FB and BUY for its assistance in reaching their target audience. Some of those entities are products ("I see you like trucks. Buy an F150!") Some of these entities are candidates for political office ("I see you like Noam Chomsky. Vote for Bernie!")
(6/10) When the media/big city/elite establishment-types are happy with the results of the big elections (2008, 2012), there's no scandal. It's just business/political acumen. "Hey, Politics ain't bean bag." - D. Axelrod
(7/10) When media/big city/elite establishment-types are NOT happy with the results of an election (2016): "THIS IS A SCANDAL! HOW DID THIS HAPPEN??"
(8/10) Bottom line, the services/data that FB sold to Cambridge Analytics (which for argument's sake we'll say helped the Trump campaign) before the '16 election is no different than what the Obama campaign did DIRECTLY with Facebook in '08 and '12. Neither are "scandals.
(9/10) Both situations are akin to a TV or radio ratings company (Nielson or Arbitron selling data to a business (Pepsi, Ford) OR political candidate (Trump, Hillary) to helps them decide which radio/TV programs with original content (Roseanne, Will & Grace) to buy ads on.
(10/10) Facebook's genius, again, is that it's a gargantuan amalgam of a ratings company (all its data) AND original programing (people connecting). Monopoly? Maybe. But none of this #CambridgeAnalytics stuff is any way a "scandal" and it should stop being reported that way. #end
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Michael Koolidge
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!