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Allow Digital Age media to thrive

Social media

New forms of advertising and communication should be formalised, legitimised and regulated.

Photo credit: Shutterstock

What you need to know:

  • No single company, or even government, can go up against Amazon, Apple, Facebook, Google or Netflix.
  • On top of being unbelievably wealthy, these tech giants are well prepared and have the power of superpowers behind them.

A crazy teacher who taught us Decision Analysis posed an interesting scenario to illustrate a point. You live on the 40th floor of a skyscraper; you wake up in the morning and get ready for work. But you must decide how you will get down to the street. 

You can take the stairs, the lift or jump out of the window. Each is a legitimate choice, depending on the outcome you desire. Certainly, if consequence is of no consequence — ha! — and the important thing is speed and economy of energy, never mind that you will arrive in the form of human paste, then the window is a good option. If you are misogynist and are after tearing tendons and taxing your heart, then the stairs are attractive. And so on.