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by throwaway_9168 2638 days ago
Even then, you could have regulatory capture.

https://en.wikipedia.org/wiki/Regulatory_capture

Speaking of regulatory capture, I think that's really what happened and why Facebook has been able to get away with, actually, murder (e.g. Facebook's free internet had a big role in the murderous riots in Myanmar [1] and WhatsApp had a big role to play in mob lynchings [2], [3]). Not to forget the slap on the wrist they have gotten for what is basically child abuse in the "friendly fraud" case [4].

But not to worry, there is another dopamine hit coming up next minute to a mobile phone near you so you can pretend you never read this comment.

In my view, it is best not to let these tech giants anywhere near these kind of ventures.

[1] https://in.reuters.com/article/myanmar-rohingya-facebook/u-n...

[2] https://www.bbc.com/news/world-asia-india-45140158

[3] https://www.bbc.com/news/world-latin-america-46145986

[4] https://www.forbes.com/sites/erikkain/2019/01/25/facebook-tu...