Chamath Palihapitiya, Founder, CEO Social Capital and former Facebook executive, warned about the unintended consequences of social media at Stanford Graduate School of Business: "I think we have created tools that are ripping apart the social fabric of how society works. The short-term, dopamine-driven feedback loops we’ve created are destroying how society works. No civil discourse, no cooperation; misinformation, mistruth. You are being programmed"
As the former executive states, we compound the problems in, and curate, our lives around this perceived sense of perfection because we get rewarded in these short-term signals (hearts, likes, thumbs up), and we conflate that with value and truth. Instead, what it really is, is fake, brittle popularity, that is short-term, and it leaves you even more (admit it) vacant and empty.
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During his View From The Top talk, Chamath Palihapitiya, founder and CEO of Social Capital, discussed how money is an instrument of change which should be used to make the world a better place. “Money drives the world for better or for worse. Money is going to be made and allocated – you have a moral imperative to get it and then use it to make a difference.“
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