The butcher and the baker

Now Facebook is evil because neoliberalism:

But the fact is that rather than serving this goal, Facebook’s AIs are servicing a far older and more well-established social goal, which was designed for the betterment of mankind. This is the goal of maximising value in pursuit of economic self-interest.

Neoliberal economics is based on the idea that the pursuit of individual, economic self-interest leads to the creation of greater value, which benefits society and results in the emergent betterment of mankind.

And people say that American academia isn’t crazily left wing.

19 thoughts on “The butcher and the baker”

  1. Well, Monbiot says Trump is warmongering. Okay, not unreasonable for a deluded lefty.

    Wait, because of climate change denial?

    A narcissistic demagogue has just been elected to be the Commander in Chief of the most powerful military in the world and war is coming because he won’t fraudulently fund his mates’ solar power companies?

  2. “The Nieman Foundation for Journalism at Harvard reports that nearly half of all Americans get their news from Facebook. The social media site delivers news via its algorithms, which decide what stories you, as an individual user, see, and in what order. ”

    I suspect this is nonsense and has been horribly misinterpreted. One thing I see with friends is people sharing news stories from elsewhere in their feed and lots of people discussing the story (often idiotically, so it’s not like all my friends are outside the norm).

    And I’ll tell you something else: The sidebar AI is total shite. I’ve got stories about Peter Andre, Ellen de Generes and Football. I post nerd stuff on their all the time, but Facebook can’t give me Margaret Hamilton or Grace Hopper?

  3. So Much For Subtlety

    Yes, what the world needs is less information for the ordinary voters.

    You have to be pretty f**ked up to call a Social Justice Warrior like Zuckerberg a neoliberal. But perhaps neo-liberal is slowly becoming like neo-Con – a racial epithet for people who don’t do racial epithets?

    Neoliberal economics is based on the idea that the pursuit of individual, economic self-interest leads to the creation of greater value, which benefits society and results in the emergent betterment of mankind.

    I wonder if anyone could explain to me how the betterment of mankind could be helped by people not pursuing their own best interest? Is this one of those underpants gnome things again?

    1. We all labour collectively in the fields
    2. ????
    3. Utopia!

  4. Bloke in Costa Rica

    No, we don’t all labour collectively in the fields. Most of us labour collectively in the fields, and cunts like the author of this gobsmackingly retarded shite sit around writing gobsmackingly retarded shite.

  5. The Facebook sidebar keeps telling me that various famous people have died when they haven’t.

    Zuckerburg is another leftist who needs to be put out of business.

  6. “The Nieman Foundation for Journalism at Harvard reports that nearly half of all Americans get their news from Facebook. The social media site delivers news via its algorithms, which decide what stories you, as an individual user, see, and in what order”

    Which of course is just wrong! Because WE should decide what stories you as an individual user see and and in what order.

  7. Wouldn’t pay much attention to it. This is research by journalists. Just means it’s been incorrectly copy & pasted from something they hadn’t a clue of understanding. Probably a report on the efficacy of cat worming tablets

  8. SMFS nails it. The use of “neo” makes me smell a certain brand of antisemitism, along with constant references to “global elites” and so on. It doesn’t always signify blind prejudice, but I sometimes as people who use the term neoliberal to clarify what they think the word means. Invariably, they’ll say something like “capitalism”, ignoring the current critical role of central banks and government intervention in shaping said “capitalism”.

  9. Another step in the Paul Mason agenda for enforced takeover by the lumpenproletariat of the means of information provision.

    Actually scratch that, it’s not the LP he wants to manage the provision of news etc, it’s Mason together with the likes of Moonbat, Toynbee and, perhaps, Murphy

  10. I have a Facebook account, because a) I can, and b) it’s a useful group communication tool used by a club I belong to.

    Most of the fake news I see/hear is on the BBC. The Today programme were soiling their nappies this morning talking about the Alt+Right movement. Also an interesting piece about Hammond proposing to remove letting agents up front fees. One guy taking the Worstallian position of incidence of taxes. At the end of the interview Humphries signed off with “the landlords will just swallow the cost”, in that ever so highly patronising Islingtonian sneer of his.

  11. Am I doing something wrong? I can’t see any news on my facebook page. Other than news of my friends and their offspring.

  12. Wonder if BBC vet the ads on their foreign sites, the headline banner ad today (which is only seen as an ad if you look closely) was top ten trump brands to boycott

  13. So Much For Subtlety

    Ironman – “Which of course is just wrong! Because WE should decide what stories you as an individual user see and and in what order.”

    Hard to tell if you’re being ironic or utterly unself-aware. You know, considering you have spent years here shouting down anyone who dares to raise an issue you do not like – like the Rotherham rapes. So you do think you have the right to decide what stories individuals see and are allowed to talk about.

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