Conversation

It has become acceptable to bash facebook's adverse impact on democracy.

But there is an elephant in the room: the impact of social media on the entire economy. Facebook's algorithms control the fate of millions of micro-entrepreneurs and SME's. If you don't show up on Google's first page you don't exist. Linkedin knows more about corporate structures than corporates themselves.

We don't live anymore on "market based democracies", but platform driven digital oligarchies.