What's the biggest problem with social networks today?
I'm curious about differentiating between causes and symptoms. Seems like a complicated mix of privacy, increasing polarization, centralization/decentralization, ad incentives, just to name a few.
Companies exist to maximize some measure, and maximizing "social" isn't inherently a good thing. All the nonsense that happens on social media is the same as what happens in real life, but you can't monetize/optimize the real world in the same way.
Echo chambers - algorithms are optimized to show you more content related to your personal beliefs and interests. Then monetizes ads related based on your beliefs and interests.