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Rep. Sean Casten @RepCasten
RT @RepChuyGarcia: Chicago isn’t just the best big city in the U.S., it’s the best in the world. No city can match our diversity, energy, a… — PolitiTweet.org
Rep. Sean Casten @RepCasten
THIS. 👇 — PolitiTweet.org
Abrahm Lustgarten @AbrahmL
As a climate reporter, it’s been frustrating to watch the legislative debate. By focusing on $3.5T as a big number,… https://t.co/IfEmLZVZO4
Rep. Sean Casten @RepCasten
RT @RepCasten: 7 months ago, I shamed @VladTenev by dialing @RobinhoodApp’s virtually nonexistent helpline during @FSCdems’ hearing. I’m gl… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @justinhendrix: At a House hearing today, @RepCasten asked whether "it is reasonable to assume" whether anyone at Facebook had knowledge… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @cyber4democracy: An in-depth take on Tuesday's hearing and our calls for policy action from @justinhendrix 's @techpolicypress: https:/… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: Study after study shows that the cost of inaction is far greater than the cost of #ClimateAction. If we do nothing, our eco… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: 🚨MUST LISTEN: @LauraEdelson2's powerful testimony on Facebook's role in the deadly #Jan6th attack: "[@Facebook] knew that t… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: After @LauraEdelson2 & @cyber4democracy published research on the effect of misinformation on @Facebook, they shut down her… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: Three years ago, I asked @Facebook's Mark Zuckerberg whether he'd take down vaccine disinformation and neo-nazi hate speech… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: It's climate action or the filibuster. It's voting rights or the filibuster. It's gun violence prevention or the filibuster.… — PolitiTweet.org
Rep. Sean Casten @RepCasten
So long as these tech giants fail to prioritize safety over profits, the responsibility falls to lawmakers and regulators to protect public health, democracy, and to ensure that what happened to Alex Kearns never happens again. /11 https://t.co/3CwGG3Z3fT — PolitiTweet.org
Rep. Sean Casten @RepCasten
My bill, the Trading Isn’t a Game Act passed through committee by @FSCdems in July because we have a responsibility to protect safety by examining the impacts of gamification, psychological nudges & design used to influence investor behavior. It’s time we bring it up for vote.10/ — PolitiTweet.org
Rep. Sean Casten @RepCasten
My bill, the Trading Isn’t a Game Act, passed through committee by @FSCdems in July because we have a responsibility to protect safety by examining the impacts of gamification, psychological nudges & design used to influence investor behavior. It’s time we bring it up for vote.9/ — PolitiTweet.org
Rep. Sean Casten @RepCasten
In August, I was glad to see @SECgov requested public input on the gamification of online trading apps—signaling that @GaryGensler is serious about protecting young, inexperienced investors from psychologically manipulative practices. 9/ https://t.co/zOy80ya1ry — PolitiTweet.org
Gary Gensler @GaryGensler
We’ve just put out a request for comment on digital engagement practices, like gamification & robo-advising. We'd… https://t.co/FZnRd1…
Rep. Sean Casten @RepCasten
Over a year since the Kearns family lost their son, @Robinhoodapp finally offers 24-hour support. But it continues to function like a virtual casino, gamified to harness psychology to drive frequent, roulette-like trades, extracting fast money from inexperienced investors 8/ — PolitiTweet.org
Rep. Sean Casten @RepCasten
In his suicide note, Kearns named Robinhood, asking why how the company allowed a novice trader to get into that position. 7/ https://t.co/KTVwBVCV7o — PolitiTweet.org
Rep. Sean Casten @RepCasten
Sadly, we have proof. I began sounding the alarm about Robinhood and trading apps when Alex Kearns, a 20-year-old college student from Naperville IL, took his own life after seeing a negative balance of more than $700,000 in his account. 6/ https://t.co/YJL5SfzEFZ — PolitiTweet.org
Rep. Sean Casten @RepCasten
In theory, there's no reason why responsible gamification couldn’t teach financial literacy & encourage responsible investing. But in practice, an app drawing young, inexperienced investors into high-volume day trades & complex options is not prioritizing users' safety. 5/ — PolitiTweet.org
Rep. Sean Casten @RepCasten
To the public, @RobinhoodApp purports to be a democratizer of finance. To lawmakers, they claim to be a tech company. In neither case do they make a claim to maximize investor value. Robinhood’s algorithms are designed to feed fish to sharks. 4/ https://t.co/me4rPxE9I6 — PolitiTweet.org
Rep. Sean Casten @RepCasten
With users’ real money at stake, @Robinhoodapp leverages gamified design to generate behavioral loops to push users - many of whom aren’t even old enough to gamble at a casino - not only to spend more minutes engaged, but to make more trades. 3/ https://t.co/dhfCZ0Inhm — PolitiTweet.org
Rep. Sean Casten @RepCasten
Online trading platforms like @Robinhoodapp make their money by using the same psychological nudges that Silicon Valley originally developed to get us addicted to games like Candy Crush and Farmville. But they’ve actually gone a step further… 2/ — PolitiTweet.org
Rep. Sean Casten @RepCasten
On @60Minutes this Sunday, Facebook whistleblower @FrancesHaugen said, “Facebook has realized that if they change the algorithm to be safer, people will spend less time on the site, and they’ll make less money.” The same is true for @Robinhoodapp. 1/ https://t.co/KSWmrU7dvk — PolitiTweet.org
Rep. Sean Casten @RepCasten
7 months ago, I shamed @VladTenev by dialing @RobinhoodApp’s virtually nonexistent helpline during @FSCdems’ hearing. I’m glad to see improvement, but it’s time we recognize: A) Clever PR ≠ user safety B) Robinhood = the Facebook of investing [THREAD] https://t.co/WcNVUvTbcz — PolitiTweet.org
Rep. Sean Casten @RepCasten
Today, SEC Chair @GaryGensler will testify before @FSCDems where I'll ask him about what @SECGov is doing to protect young, inexperienced users on apps like @Robinhoodapp from the harmful impacts of gamified design. WATCH LIVE NOW: https://t.co/LPU0rajJ5W — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: 🚨 MUST LISTEN: @LauraEdelson2's powerful testimony on Facebook's role in the deadly #Jan6th attack: "[Facebook] knew about… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: Three years ago, I asked @Facebook's Mark Zuckerberg whether he'd take down vaccine disinformation and neo-nazi hate speech… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: After @LauraEdelson2 & @cyber4democracy published research on the effect of misinformation on @Facebook, they shut down her… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: 🚨MUST LISTEN: @LauraEdelson2's powerful testimony on Facebook's role in the deadly #Jan6th attack: "[@Facebook] knew that t… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: As I said to @ZerlinaMaxwell, @Facebook makes money by selling your data. They get your data by convincing you to engage & t… — PolitiTweet.org
Rep. Sean Casten @RepCasten
RT @RepCasten: Alternative headline: 99.5% of @United employees are now vaccinated. https://t.co/wEOUNYC9VR — PolitiTweet.org
