Eric Schmidt: Social media companies ‘maximize outrage’ for revenue (Protocol)

Protocol: Eric Schmidt: Social media companies ‘maximize outrage’ for revenue. “Eric Schmidt, welcome to the techlash. In an interview with podcaster and actor Dax Shepard, posted Thursday, the former Google CEO and Alphabet chairman said that social media companies are designed to ‘maximize outrage’ in pursuit of revenue. It was a rare condemnation of the industry from a man who, as head honcho of YouTube’s parent company, directly oversaw one of the most powerful social media companies in the world.”

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