Thursday, February 9, 2023

The dynamics of social networks: how they work and how to act against them

Social networks are entering a crisis context on which it is necessary to ‘zoom out’. Sergio Alvarez-TellinaAn expert in algorithms and artificial intelligence has analyzed the situation.

It all started for Telena with ‘GameStop’, a video game company that was on the verge of bankruptcy in the United States. “The investment funds in the United States, the ‘techbanks’, were betting heavily against them. They noticed this on Reddit and their intention was to buy up everything and knock down the investment funds to drive up the price,” Alvarez-Tellina explains. Huh. ,

gamestop case

GameStop faced a strong crisis in recent years, which indicated that the mindset has to be changed and exposed need a change,

The activism they achieved by dropping investment funds was a kind of ‘activism’ that, according to Telena, was “creating a dynamic that didn’t follow the rules of the market“. In fact, according to the expert, “it was an activity carried out by different people in order to gain influence on the market.”

Elon Musk Effect

For Álvarez-Teleña, another activity in the market that is changing the concept today, and which can be seen as a ‘hack’, is the complexity in the current system that Elon Musk’s company is creating.

Musk has changed the rules of verification classification through ‘tick’ on Twitter. “Earlier there was ‘Blue Tick’, which had only existing institutions. Now You only pay $8 a month And you have that, which allows me to indulge in all kinds of seduction.”

“The hacker case Which was named after the company that sold insulin. Very relevant stuff. And he announced directly on Twitter that insulin is going to be free. Sergio noted, “The company’s stock fell sharply on the stock market and resulted in hundreds of millions of dollars in losses.”

Therefore, for the expert, “the effects of social mobility can be very harmful for some companies and for the economy in general.” “At the geostrategic level, it is reasonable for us to protect ourselves from this, because we usually say that we are already It is not necessary to fight, it is enough to compare companies of a country at a discount,

Defense against social networks

Álvarez-Teleña wants to contribute to his vision and help figure out the right directions to move forward with this position, “It’s very Must have defense capability at the corporate level and at the country level in relation to the dynamics of social networks”. Experts point out that the debate that will arise will be very interesting and “theories will be opened”. on algorithmic counter-manipulation Corporations did this to avoid effects such as the Insulin Company.

For Sergio “a test of new technologies is open that must be transparent”. “The Hacking the algorithm is the biggest ‘hack’ of social networks. We are all very efficient until manipulation, then counter-manipulation will travel very slowly. We are in a time of change and debate”, concluded the technocrat.

Nation World News Desk
Nation World News Desk
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