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Current algorithms are made to maximize clicks, view time, engagement, etc... Things that result in ad revenue or in keeping you on for as long as possible (and thus, ad revenue). What would incentivize these companies to allow you customize your algorithm in a way that would likely reduce your overall value to them?

As for the polarization problem - it’s bad enough already, and existing solutions don’t seem to be working very well to solve it. Might as well try new things. Nothing is as polarizing as cable news anyway.