The 56-year-old, who owns The X Factor and Britain's Got Talent, said he thinks there are currently "too many" reality shows on TV.
"There's obviously way too many reality shows on TV, and a lot of them won't last," Simon told Billboard magazine. "As with anything, if you don't listen to the viewers, you're dead. As soon as our shows go on the air, we're hit with a barrage of information from social media.
"You think I'm honest? Christ almighty, are they honest on social media. And I like that. I like to do things that make a lot of noise."
Simon's decisions, especially when it comes to who will be sitting on the judging panel each year of The X Factor, almost certainly attracts "a lot of noise".
The line-up has been much speculated about this year with Nick Grimshaw already bowing out after one series. It's not yet known if Rita Ora will be back either, although it has been assumed that Simon will return with Cheryl Fernandez-Versini.
UK reality shows aside, Simon is also on the judging panel for America's Got Talent, and he is still dominating the much of the reality TV shows in the current market.
There are 68 different versions of the Got Talent format worldwide and 56 different versions of The X Factor. This means Simon's company with Sony, Syco Entertainment, produces more than 120 shows in production.
Try Reveal's digital edition on iPhone & iPad. Subscribe now & never miss an issue!
X Factor's most shocking moments: