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by Zeppin
2608 days ago
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Again, it's about reach. My local dive bar can serve me burgers whether it has a customer base of 1.000 or 1.000.000. A social network, however, cannot function without hundreds of millions of users. Otherwise it's an anti-social network. As a result I can post my video to DailyMotion instead of YouTube but how am I going to build a following without engaging with Facebook, Instagram, or Twitter? These networks require mass user engagement to be effective which precludes a myriad of competition. I don't think breaking these companies up as Elizabeth Warren suggested is the correct solution because it fundamentally handicaps their ability to function. But I think there does need to be regulation around how they do business which sadly does not exist. |
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