News, ads, chats, and property rights over algorithms

Jan Kleinnijenhuis

doi:10.17645/mac.v6i3.1601

News, ads, chats, and property rights over algorithms

Jan Kleinnijenhuis^*

^*Corresponding author for this work

Research output: Contribution to Journal › Comment / Letter to the editor › Academic

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	https://doi.org/10.17645/mac.v6i3.1601
Publication status	Published - 28 Sept 2018

Bibliographical note

[Special issue:] Multidisciplinary Studies in Media and Communication

Keywords

Networks
Property rights
Social media
Tech industry

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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Cite this

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title = "News, ads, chats, and property rights over algorithms",

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{\textquoteright}s theorem is used to discuss alternative allocations of property rights that could improve the quality of news, ads, and chats.",

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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.

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KW - Property rights

KW - Social media

KW - Tech industry

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News, ads, chats, and property rights over algorithms

Abstract

Bibliographical note

Keywords

UN SDGs

Access to Document

Handle.net

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