Summary of The Rise of the Like Economy

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

The Rise of the Like Economy summary
Start getting smarter:
or see our plans




  • Analytical
  • Eye Opening
  • Overview


Have you ever peered over the shoulder of a Facebook-using friend only to be astounded at how his or her newsfeed differs from your own? In this article, Victor Luckerson from The Ringer provides a rundown of the unintended consequences of Facebook’s like button, along with some inside stories about its creation. getAbstract recommends this summary to Facebook users interested in the site’s decision to move away from its traditional “let the user decide” algorithm and take a more hands-on approach to your newsfeed display.

About the Author

Victor Luckerson is a staff writer at The Ringer. He writes about consumer technology, culture and politics.



In 2009, Facebook rolled out a new like button feature. The button solved a lot of the site’s problems. It reduced the number of repetitive “I like this” comments by giving users an option to indicate approval without commenting. It was also a handy way for Facebook to decide which types of posts to move to the top of the newsfeed heap. The like button also worked toward a less formal goal to which some Facebook employees aspired, which was to contribute to “creating a world in which people uplift each other rather than tear each other down.”


More on this topic

Customers who read this summary also read

Facebook’s Internal Community Standards
How to Fix Facebook – Before It Fixes Us
The Cambridge Analytica Con
It’s Time to Break Up Facebook
The Noisy Fallacies of Psychographic Targeting
Facebook Will Now Let Some Employees Work from Anywhere, but Their Paychecks Could Get Cut

Related Channels

Comment on this summary