Berkshire Raises New CEO Greg Abel’s Pay to $25M
Greg Abel's ascent to CEO of Berkshire Hathaway comes with a significant financial reward, signaling the conglomerate's confidence in his leadership as he steps into the shoes of Warren Buffett. Effec



Millennials, those born in the 1980s and 1990s, have increasingly expressed disillusionment with the current state of the internet, a stark contrast to their earlier experiences of online engagement. This shift reflects a broader concern about the internet's evolution from a space of community and discovery to one dominated by algorithms, outrage, and commercial interests.
According to Max Read, a writer focusing on technology and culture, early internet experiences involved platforms like FARK and Metafilter, which fostered discussion and aggregation of diverse content. "I would go to link aggregating sites like FARK," Read said on a recent episode of Vox's podcast, Explain It to Me. "When I was a little older, Metafilter was another one. Thered be discu." These platforms offered a sense of community and exploration that many millennials now find lacking.
The rise of social media platforms and the increasing sophistication of AI-driven algorithms have significantly altered the online landscape. These algorithms, designed to maximize engagement, often prioritize sensational or divisive content, contributing to a phenomenon described as "rage bait." Oxford Dictionaries even declared "rage bait" the word of the year for 2025, highlighting the prevalence of anger-inducing content online.
This shift has implications for society, as the internet increasingly shapes public discourse and influences individual perceptions. The focus on engagement metrics can lead to echo chambers and the reinforcement of existing biases, potentially hindering constructive dialogue and critical thinking. Furthermore, the dominance of a few large tech companies raises concerns about data privacy, censorship, and the concentration of power.
While some argue that this disillusionment is simply a consequence of aging, with older users becoming more critical of evolving trends, others maintain that the internet's fundamental nature has changed. The early internet was characterized by a sense of openness and experimentation, whereas the current internet is often perceived as more controlled and commercialized.
The future of the internet remains uncertain, but there is growing interest in alternative models that prioritize user privacy, community governance, and ethical AI development. These initiatives seek to create online spaces that are more aligned with the values of the early internet, fostering genuine connection and informed discourse.
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Greg Abel's ascent to CEO of Berkshire Hathaway comes with a significant financial reward, signaling the conglomerate's confidence in his leadership as he steps into the shoes of Warren Buffett. Effec

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