Many users would ditch social media in exchange for being paid a small fee, a study found. What if there was an option where everyone else they knew would stop using social media, too? AdvertisementAdvertisementThe researchers found that users would be willing to pay $28 and $10 "to have others, including themselves, deactivate TikTok and Instagram, respectively." Social media remains a key resource for people looking for a convenient way to keep on top of updates from friends, colleagues, and current affairs. AdvertisementAdvertisementThat said, the results underscore a view that people feel compelled to use social media despite how awful it can make them feel.

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Persons: —, they'd Organizations: Service, National Bureau of Economics Research