SEAN PARKER TO FACEBOOK USERS: WE EXPLOITED YOU


Prepare to feel manipulated. At an Axios forum, Sean Parker explained how he, Mark Zuckerberg, and other social media pioneers made a fortune by deliberately "exploiting a vulnerability in human psychology." Parker, the first president of Facebook, says the site set out to hook people into spending as much time as possible on the network, and it pulled off the feat with a strategy he calls a "social-validation feedback loop." He explains:
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