China Internet company consolidation

Summary:
Who knew? Social media is anti-social even in collectivist China where individualism is not a prevalent as in the West.Faith Popcorn foresaw this phenomenon emerging back in 1981. She called it "cocooning."Another related phenomenon is the emergence of "silos," which separate people into distinct groups based on identity, interest and affiliation. Advertisers love it, especially with the arrival of Big Data.This has already become an issue in the US. Now it looks like China will be "infected with this virus" too. "Viral" is now a meme.Sixth ToneIt’s Time to Pop China’s Online Filter BubblesFang ShishiConsolidation.China’s Music Aficionados Lament Loss of Streaming Service XiamiCai Xue JiaoSee alsoRTConsumers ‘targets of technical bullying’ by Chinese tech firms, [Chinese] watchdog warns

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.