Social media platforms gather privileged information about users (their preferences, behaviors, social connections, psychological vulnerabilities) equivalent to what therapists or lawyers would know, and use this asymmetric information to shape behavior through recommendation algorithms, creating a principal-agent problem where they should be held to fiduciary responsibility like doctors and lawyers are
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Speaker
Daniel SchottenbergerEvidence Quote
“the platforms are gathering privileged information that they have undue influence as a result there should be a fiduciary responsibility”
Created: 8/10/2026, 10:48:51 PM
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