Nowadays, there is no lack of information to feed our needs and thanks for the prosperity of the digital market and internet revolution.
But does more information always lead to more knowledge? Not
necessary. On the contrary, in some cases, the digital market and internet
information frequently provide us misleading or even wrong information, which
could potentially damage our perception of the world and eventually harm the society.
Taking university ranking as an example, there are many
websites that provide university rankings, but the results could be totally
different. Some of the rankings are just either not serious or extremely biased.
Among all the different rankings, it seems that the US NEWS rankings are more
reliable and has good reputations among all the competitors given its seniority
of its ranking history.
However, I was shocked and extremally confused about the US
NEWS recently rankings. For example, University of Washington in Seattle was
ranked #58 in US national rankings but was ranked #8 in Global University
rankings.
University of Washington is definitely a very good university
but how come the same agency can rank it so low of #58 in the nation but skyrocketed
to #8 worldwide? I completely understood the criteria used to rank in US is
different from its rank in worldwide, but such different criteria should have
not caused such a huge difference between the US ranking and Worldwide rankings
and such contradicted information could mislead audience and confuse human
being judgement. What is the rationale behind those inconsistent rankings? Which
information should we trust? Are there any potential illegal situations exist
in the ranking process?
University ranking is just one of the examples. There are
many other situations where the information provided by the websites do not provide
us knowledge but rather mislead and confuse people.
Should we regulate internet and digital market, similar as Fed
regularity banking and FDA regular drug companies? Probably it is hard to do so
but maybe we should seriously start to think about such type of regulations.
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