Years of overuse and abuse have done a number on its reputation. Despite this, the practice is still popular among some industries and within certain circles, but many other stakeholders believe that it should be completely banned altogether. While some clickbait websites make money by attracting simple visitors with a sensational headline, Facebook wants to protect its users from shady digital sites. In fact, the social media site has already taken action against several deceptive web pages after analyzing their true nature. We’ve all heard of clickbait. On the web, it can mean shortened, attention-grabbing headlines that are designed to get us to click through to a website—and leave our cursor hovering over the refresh button. This flashy design makes people feel like they were suckered in, which leaves them with an overwhelmingly negative impression of a site. The result is that fewer people visit legitimate news sites, which in turn reduces their credibility as a source of information.
Read more ...COVID-19 has sent shock waves through the world economy and triggered the largest global economic crisis in more than a century. Here, author Jonathan Woetzel provides a brief overview of the COVID-19 pandemic, with an emphasis on its impact on inequality. He argues that although recovery from the crisis will be as uneven as its initial economic impacts, emerging economies and economically disadvantaged groups need more time to recover their losses. The crisis has brought back the most serious economic dimensions of the 1970s: high unemployment and debt, sharp increases in inequality. And this time, we may not be able to sustain those levels of inequality. We need a new approach to long-term economic policy—one that reflects the scale and impact of this crisis on our economy and society, and one that takes into account its continuing impact.
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