[tneely]

Facebook, maybe. Social media? No way. I feel the connections it brings us, or helps us maintain, are too important to lose. If Facebook can't do it right, someone else will step up to fill the gap. Hopefully with a less malicious business model.

[lev99]

> Hopefully with a less malicious business model.

The housing bubble bursts when a malicious business model failed and was declared illegal. We still have housing. It seems reasonable that valuation of social media companies can be greatly reduced, and their business models be restricted by regulation, without all social media disappearing.

I suspect many politicians are eager to control aspects of social media, specifically political speech, for similar reasons they are happy to control district boundaries: it gives them influence over their constituents. I fully expect to see legislation purposed that would decrease many platform's revenue while increasing their operating costs. We are already seeing operating costs increase as Facebook hires a new team of lobbyist.

[pmlnr]

> I feel the connections it brings us, or helps us maintain, are too important to lose.

I felt the same way about IRC rooms. They are gone now.

[jpindar]

Are they? For half the year I spend hours every Sunday on an irc channel full of football fans. That connection is important to me, since the level of discussion there is higher, (and more civilized, due to active moderation) than most forums.