The public sphere has endured yet another structural transformation. Firms like Facebook and Google have largely automated the types of decisions made by managers at television networks, or editors at newspapers—but with much more powerful effects. Long critiqued in academic circles, the manifest inadequacy of this new media landscape is now itself a matter of public debate. The deficiencies of the automated public sphere are now so manifest that consumer protection and competition authorities must intervene. As authoritarian populism and ethnonationalism spread on social media platforms, theories of false consciousness and the culture industry have renewed relevance, and should inform future discussions of communicative capitalism.