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by unnamedprophet 2232 days ago
It's about damn time. One of the clearest things on display during Zuckerberg's Senate grilling is that tech as an industry has proportionally smaller influence when compared to other industries (automotive, airline, finance) despite having a larger share of the economic pie. Tech is also a newer player than other companies in those industries, so it's natural that the balance of power has not yet swayed in favor of tech terms of Washington politics. Infiltrating politics through lobbying, advocacy or people in seat doesn't outright necessarily jive with our ideal notions of a democracy but it's the way that the game is played.
2 comments

I'm not really sure what the purpose is of openly celebrating regulatory capture and the decline of our public institutions as they are being undermined in their independence by yet another interest group
That's an interesting observation. I'm in the camp that FB has significant influence in the administration via Peter Thiel, who I'm guessing has lots of friends in high places.

There's also the part where FB controls billions of eyeballs.

I don't worry for them in the slightest.