The Hindu Editorial Analysis : 17th November 2023

The Hindu Editorial Analysis

The Importance of Reading The Hindu Editorial: Reading The Hindu newspaper has several benefits, including improving reading skills, facilitating comprehension, staying informed of current events, enhancing essay writing, and more. For individuals aiming for a career in banking, reading editorials is crucial for vocabulary building. In this article, we will examine today’s editorials, provide practice questions, and highlight important vocabulary words.

To bigtech.

• Canadian news industry associations are pursuing antitrust measures against Meta Platforms for blocking news content on Facebook and Instagram in response to a law mandating social media companies to share advertising revenue with news publishers.
• Despite the law not yet being enforced, if Meta is deemed to have abused its dominant position, the potential fine may not compensate for the revenue loss during the blackout.
• Canadian advertisers are patriotically refraining from advertising on Facebook and Instagram, leading to a situation where news consumers are left in limbo.
• Instead of shutting off the news flow, Meta should have been compensating for the use of news content.
• The key to fostering a fairer internet for content creators lies in addressing platform concentration.
• Enhancing competition in social media would ensure a more equitable distribution of advertising revenue throughout the value chain, as Google and Facebook currently dominate online ad revenue due to the network effect.
• Lawmakers could potentially restore balance by limiting network size, encouraging a network of smaller networks to compete with existing social media giants.
• Interconnecting proprietary networks is crucial for a platform-agnostic approach, allowing both producers and consumers to benefit. Social media platforms may find the appeal of open networks more compelling than facing restrictions.
• Platforms continuously evolve, fragmenting with innovations that reshape consumer behavior, as seen with YouTube and Instagram struggling to monetize short video formats popularized by TikTok.
• Tech giants are also confronting class-action copyright infringement suits related to advertising on user-generated content.
• As technology advances, data owners are expected to demand a greater share of machine learning benefits.

• Future battles between content creators and AI-controlling companies will likely be resolved more effectively through competitive markets rather than excessive regulation..

Practice Questions:

• New battles will be fought between content creators and companies.Discuss
• Why has the Meta been paying for using news content?

Important Vocabs:

• Eluded– to manage to avoid being caught
• Ageism– unfair treatment of people because they are considered too old
• Flickered– to keep going on and off as it burns or shines
• Cumulative– increasing steadily in amount, degree, etc.
• Frenzied– that is wild and out of control

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