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Social media: "My husband is the best, the greatest, so cute, adorable." Private search: "My husband is a jerk." ~ Seth Stephens-Davidowitz on the stated preferences of social media vs the revealed preferences of search... Links, highlights & transcript: https://newsletter.osv.llc/p/who-makes-the-nba-ep-250 Full episode: https://www.youtube.com/watch?v=acLxgFHzHLU&t=3s
Seth Stephens-Davidowitz explores the stark contrast between how people present their lives on social media versus their private search queries. He illustrates this with a humorous example of how individuals publicly praise their husbands on social media while privately expressing frustration and dissatisfaction in search. This segment highlights the difference between stated preferences, which are public and curated, and revealed preferences, which are private and often more honest.
"so one of my favorite examples I compare social media and search so social media is the ultimate stated preference right so when you're on social media all your friends see it it's very public and sea..."