Should You Pay for Meta Verified and Twitter Blue?

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Should You Pay for Meta Verified and Twitter Blue?
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A social media researcher explains how the choice you face with Instagram, Facebook, and Twitter's verified identity subscriptions affects everyone else.

Information goods, such as those provided by social media platforms, are characterized by the problem of collective action, and information security is no exception. Collective action problems, which economists describeAdvertisement

Some people might pay Facebook for improved security, but overall, collective well-being depends on having a very large group of users investing in better security for all. Picture a medieval city under siege from an invader where. Collectively, the community is only as strong as the weakest link.

While large platforms such as Facebook and Twitter could benefit from lock in, meaning having users who are dependent on or at least heavily invested in them, it’s not clear how many users will pay for these features. This is an area where the platforms’ profit motive is in conflict with the overall goal of the platform, which is to have a large enough community that people will continue using the platform because all of their social or business connections are there.

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