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Social Media and Business

By
Agus Sudibyo
· 7 minutes read
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Agus Sudibyo

The reduction of social media simply as a means of social interaction makes the public tend to ignore the responsibility of social media companies (platforms) as business entities. If there are hoaxes that are worrying the community, the issue is localized simply as a problem between the makers, the victims, and the readers of the hoaxes.

Social media companies that facilitate the spread of hoaxes seem to have gained impunity. They are not required to take responsibility. In fact, increasingly controversial the hoaxes are, increasingly popular will be for the social media platforms that spread them. This popularity then correlates with the increase in the value of the shares of the companies that own the platform along with the potential for advertising revenue. An increasing number of users of social media and rising number of data on the behavior of internet users are mined for the needs of developing artificial intelligence and machine learning.

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