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Barack Obama: “Social media business model shifted early on... to sell ads.”

Featuring: Barack Obama, Democratic | 44th President of the United States | National

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Barack Obama Discusses Democracy, Social Cohesion, and Leadership at the Connecticut Forum

Published | Video Starts at 33:42

And it can be captured by authoritarian states, it can be captured by wealthy economic interests. And there is something that has happened in Social media business model shifted early on... to sell ads. The idea was we just want to put a bunch of good information out there and we're going to privilege accuracy and as well as speed as sort of the most important thing that you're getting on this platform. (33:42–34:26)

CLAIM

Asserts that social media platforms shifted their business model to focus on ad sales.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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