Abstract
The success of tech firms rests on their ownership of the algorithms for operating new platforms for the interactions among five groups of stakeholders in the markets of news, ads, and chats: stakeholders from the spheres of politics, journalism, the citizenry, the tech firms themselves, and other firms. Recent regulations that touch on property rights such as the German Netzwerkdurchsetzungsgesetz and the European Directive on Copyright in the Digital Market have turned ownership of algorithms into exclusive ownership. Thereby tech firms obtain also the right to censor and the exclusive right to micro-target clients for advertisers. Coase’s theorem is used to discuss alternative allocations of property rights that could improve the quality of news, ads, and chats.
| Original language | English |
|---|---|
| Pages (from-to) | 77-82 |
| Number of pages | 6 |
| Journal | Media and Communication |
| Volume | 6 |
| Issue number | 3 |
| DOIs |
|
| Publication status | Published - 28 Sep 2018 |
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Bibliographical note
[Special issue:] Multidisciplinary Studies in Media and CommunicationKeywords
- Networks
- Property rights
- Social media
- Tech industry
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News, ads, chats, and property rights over algorithms. / Kleinnijenhuis, Jan.
In: Media and Communication, Vol. 6, No. 3, 28.09.2018, p. 77-82.Research output: Contribution to Journal › Comment / Letter to the editor › Academic
TY - JOUR
T1 - News, ads, chats, and property rights over algorithms
AU - Kleinnijenhuis, Jan
N1 - [Special issue:] Multidisciplinary Studies in Media and Communication
PY - 2018/9/28
Y1 - 2018/9/28
N2 - The success of tech firms rests on their ownership of the algorithms for operating new platforms for the interactions among five groups of stakeholders in the markets of news, ads, and chats: stakeholders from the spheres of politics, journalism, the citizenry, the tech firms themselves, and other firms. Recent regulations that touch on property rights such as the German Netzwerkdurchsetzungsgesetz and the European Directive on Copyright in the Digital Market have turned ownership of algorithms into exclusive ownership. Thereby tech firms obtain also the right to censor and the exclusive right to micro-target clients for advertisers. Coase’s theorem is used to discuss alternative allocations of property rights that could improve the quality of news, ads, and chats.
AB - The success of tech firms rests on their ownership of the algorithms for operating new platforms for the interactions among five groups of stakeholders in the markets of news, ads, and chats: stakeholders from the spheres of politics, journalism, the citizenry, the tech firms themselves, and other firms. Recent regulations that touch on property rights such as the German Netzwerkdurchsetzungsgesetz and the European Directive on Copyright in the Digital Market have turned ownership of algorithms into exclusive ownership. Thereby tech firms obtain also the right to censor and the exclusive right to micro-target clients for advertisers. Coase’s theorem is used to discuss alternative allocations of property rights that could improve the quality of news, ads, and chats.
KW - Networks
KW - Property rights
KW - Social media
KW - Tech industry
UR - http://www.scopus.com/inward/record.url?scp=85065775850&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85065775850&partnerID=8YFLogxK
U2 - 10.17645/mac.v6i3.1601
DO - 10.17645/mac.v6i3.1601
M3 - Comment / Letter to the editor
VL - 6
SP - 77
EP - 82
JO - Media and Communication
JF - Media and Communication
SN - 2183-2439
IS - 3
ER -