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by donmcronald
2078 days ago
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I think that would entrench the current tech giants because the liability to any startup entering the space would be huge and they wouldn't be big enough to partner with anyone. On the flipside, you'd have Facebook, Twitter, etc. partnering with media companies big enough to negotiate an indemnification clause into a contract that allows them into the recommendations engine(s). As soon as you start forcing liability onto those platforms, the content is instantly going to morph so it only includes "safe" publishers. The ToS will get updated so regular people agree to indemnification via forced arbitration and you'll only be able to post content that's widely seen if you're verified. TLDR; It would be Digg v4, but mandated by the government. Also, a lot of the current content is created by companies that are already considered publishers and nothing happens to them when they publish misleading news. So how does considering Twitter the publisher instead of Fox or CNN improve that? IMHO the big media companies would love to see some type of alternate publisher label affixed to big tech because it would detriment big tech to the benefit of big media. |
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People don’t register on Twitter to read Fox or CNN. They register to read other people.
Making Twitter a publisher increases costs a lot. Especially portion of the cost that’s proportional to count of users and volumes of content.
On-line ads don’t pay much per view, the only reason these companies are making so much money is they got crazy count of views with very low (in comparison) costs. They’ll have to find other sources of income.
They can charge readers, like newspapers did for centuries.
They can charge for publishing, I remember couple decades ago I was paying some reasonable subscription fee for a paid livejournal account, just to get rid of ads.
Either model is fine. They both fix the current outrage culture, by removing the incentive. These companies will stop optimizing content for count of views, and will start listening to users who became their customers.