Capitalism Gone Wrong

# Summary Meta executives publicly acknowledged that AI improvements to their feeds directly increased user engagement—8% on Facebook and 6% on Instagram—which translates to more revenue from ads, while the European Commission simultaneously investigated the company for failing to assess the addictive design risks to users' mental and physical wellbeing. The author argues that at Meta's scale, these optimizations may be extracting over 100 million additional hours daily from productive activities and relationships, reflecting a fundamentally broken ad-driven business model that prioritizes engagement and profit over user welfare.