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by adventured
2959 days ago
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Facebook will adapt to as many global regulatory approaches as it has to, and there will be dozens of them at a minimum that will be major markets and require compliance. The world is going to get very, very messy when it comes to complying with all the various approaches nations will implement (to speech broadly, politics, commerce, privacy, you name it). The compliance will act as a tax on its fat margins, basically. It will become nearly impossible to form a new global social network as these rules come into being. No other entities will be capable of dealing with it, you'll have to have vast resources to do it. It won't be about paid vs ad supported approaches, that doesn't matter for that purpose: the localized compliance will go far beyond privacy (that is merely one issue on a long list of compliance requirements that will exist in the future, it'll be as complex and varied as cultures and government systems are). |
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