Social Media Macroeconomic 2Trends 1024x576 - Social Media: Macroeconomic Trends

Social Media: Macroeconomic Trends

Social media led to the spread of inaccurate information during the Covid-19 pandemic about cures and treatments apart from conspiracy theories.

The majority of social media content includes user-generated data, which can sometimes lead to the spread of misinformation. Social media led to the spread of inaccurate information during the Covid-19 pandemic about cures and treatments apart from conspiracy theories.

Listed below are the key macroeconomic trends impacting the social media theme, as identified by GlobalData.

Covid-19

Social media has played a vital role during the pandemic, allowing people to stay connected with friends and family and providing entertainment. Social media user numbers increased by more than 13% in 2020, equivalent to nearly half a billion new users, according to the Digital 2021: Global Overview Report published by DataReportal.

Read more: https://www.verdict.co.uk/social-media-macroeconomic-trends-2/

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