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by ravingraven 1983 days ago
>Twitter, Facebook and Google need to be treated like utilities [...]

Our generation is reinventing the wheel here, our ancestors had exactly the same problems with the power, water, gas, telephone and rail networks (at some point in time, all those were unregulated and privately owned) and did exactly that. Critical infrastructure needs to be heavily, regulated if not outright publicly owned.

6 comments

I think similarly to how europe has forced Banks to interoperate by making them write a protocol that can interoperate, governments need to force social media companies to write down a protocol and use it.

I like the analogy with utilities, but the issue is that we pay for electricity, but we don't pay for our usage of social media. As long as that's true we can difficulty do what I'm suggesting above

Exactly that. There needs to be a mandated federation protocol for instant messenger apps that have lets say > 10 million user in the EU.
I think India's Unified Payments Interface is a better analogy here. From what I understand (as an outsider, so based only on what I've read) it provides a universal API for mobile applications to interface with banks, essentially standardizing the federation of bank transfers. Therefore, your account at bank X can be used to pay an account at bank Y for some service that uses app Z.

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

Why would that be a better analogy than the European system that allows you to do the exact same thing?
I wrote a tweet thread about this which I will post here for convenience:

Consolidation is a debt. You gain market cap at the cost of introducing systemic weakness and reducing broader market innovation. Once a company becomes a fundamental service they need to be regulated like a utility

(I will illustrate with Facebook)

Facebook can get the license to operate it but they also need to open up their API’s so others can build on top. These should become web standards governed by w3c.

Facebook is an interesting case as this system would remove all the perverse incentives driving their business model (no more ads). It would also crash their stock. That value hasn’t disappeared though, it has been pushed out to the edge nodes of their network (specifically the companies building on top of their API’s). My thesis is that this model will increase the overall pot while reducing the share the largest players have.

The knock-on effect of this is that investors will see this as the final outcome and be less incentivised to invest. That may be a problem as we don’t want to stop the emergence of billion scale companies altogether. Therefore a mechanism for the people to buy out the company at a fair legally agreed market value should be in place. This will stop crazy upsides and protect the undesirable downsides. The asset then becomes publicly owned but privately operated according to regulations.

AI would fall under the same model. With open API’s and standards anyone can get the data they need to build new AI companies. Especially feasible if we move towards self-sovereign identities and crypto methods of exchange.

To facilitate more small tech innovation we need to introduce a UBI. It will allow more people take risks with their time leading to more cottage innovation. In 100 years it will be a fundamental aspect of fiscal policy.

Additionally education needs to be refocused on making things. People are not equipped with the skills to build things. There is no better way to learn, grow and generate value. If we want a diversified small tech eco-system economy we need to focus on helping people develop the skills that make it possible.

I don't like the idea of government having full control of these services.

I believe that we need fully decentralized system, much like the e-mail, but realtime and E2EE. Sadly, it seems to me that we're taking the opposite direction. Just few widely used messengers, all of them are centralized, some of them have E2EE, but who knows for how long - EU commission seems to like the idea of breaking in. No matter what their intentions are, I didn't sign up for that.

In essence I agree with you, but let's not forget that in most countries, the government has already complete (albeit strongly regulated) control and access to postal services and everything that is sent through them, and I think most citizens (me included) are okay with that as well.

Furthermore; I'd much rather have the government spying in my stuff than Facebook selling my data to the highest bidder; at least if that were my only two choices.

> and everything that is sent through them

Are you seriously comparing letters and private IM conversations? I don't know about you, but I received/sent maybe 5 letters in last 10 years, none of which were from/to another private entity.

> I'd much rather have the government spying

I consider this very short sighted and dangerours, but that's your choice.

> at least if that were my only two choices

Those are not your only two choices, that's kinda my point. We actually don't have to choose between a greedy company or a state. The only decision people need to make is centralized or decentralized system.

I share most of your sentiments, I really do. In a perfect universe, we'd all be using fully e2e-encrypted messaging systems. But:

> The only decision people need to make is centralized or decentralized system.

They already have this choice; Matrix and others exist for quite some time already. Yet it is evidently clear that your average citizen will flock to whatever messenger is the easiest to use and is already used by their friends/family. Security/privacy are second thoughts at best, if at all; and even if it were important, grasping the different implications of all the available options isn't exactly easy either.

And since we can probably agree that the vast majority of folks already "fail" to make the right choice in this regard, I'd much rather have a regulated, government-controlled messenger than some company like Facebook. The former is accountable to its citizens, the latter to its shareholders - if I have to pick my poison, the choice is clear.

> Are you seriously comparing letters and private IM conversations? I don't know about you, but I received/sent maybe 5 letters in last 10 years, none of which were from/to another private entity.

...because email and IM exist. they used to not exist and people sent paper letters to each other all. the. time.

now there are places and people I need a particular digital post office company to communicate with - and the worst part is, it's because they don't really care and thus force me to risk giving up my data if i want or need (read - am forced to due to life circumstances) to talk with them.

I think this trust difference is a general division between Europe and US. Europeans generally trust their governments more than private companies, and vice versa in the US. I would assume both have valid reasons for this on their own side of the pond.

For what it's worth, I too would trust the government a whole lot more than Facebook.

That‘s a good observation, and I agree, though I wonder why.

It would seem to me that Americans have had more experiences with bad companies, and Europeans more experiences with bad governments over the past 300 years...

It seems most people have chosen the centralized system, whether we like it or not. So then, the next choice would indeed be „public or private“?
Amen.

Not to forget the things that were in co-operative ownership, either.

Sure, let's make the public alternative, but I am strongly against taking over businesses.
I am strongly for taking over businesses which are de facto monopolies.
If your public alternative can't win the users then "breaking the monopoly" will worsen the user experience. I don't want to live in that world - consider Telegram, a much better experience than WhatsApp, and it won over many users already. Evidently the monopoly is not as strong as is suggested. Telegram might not exist if there was a risk of losing the company. I don't want to be stuck with bad public software. In reality, when you destroy WhatsApp, people won't use the bad software, they will go to the next player and make it a "monopoly" because it most likely will be a better user experience.
At every step of the way, Facebook has leveraged its size and existing troves of data to undermine and buy out the competition. The goals of Facebook, Amazon, Microsoft and Google are the same - world domination. Same as any mega conglomerate of years past. The difference now is tech scale and the willingness of regulators to allow it to happen.
Then how come my entire family and most friends use Telegram now?
Network effect and evangelism — i.e. you.

How come the absolutely, humongously overwhelming majority of families and friend groups don't use Telegram, but WhatsApp?

Network externalities in communication networks make it so that you can create a 10x better application and still have 0 chance of competing.
I disagree. Facebook, Twitter and Google are ephemeral utilities. They will probably be replaced by another company.

Privatizing them will just let someone else come along and Embrace, extend, extinguish them.

> They will probably be replaced by another company

Nobody has a chance, but different reasons in each company:

* What we have seen with Google - For a search engine, the more traffic you get the better results you can give (you can A-B test different algorithms for different queries, and optimise results). For new entrants they need to be popular before they can be better, which is a catch-22. Additionally Google has significant revenue which is very profitable because of it's monopoly position, and it can use this to reinvest in search technology to further widen the gap. It's going to take more than 2 people in a garage to beat modern Google at search!

* For a social network, Facebook buy out any potential competition when it's gaining traction to further solidify their monopoly. See WhatsApp, Instagram, Friend.ly e.t.c.

> For a search engine, the more traffic you get the better results you can give

Lately I have been noticing the opposite trend. Google search relevance is going downhil for me. I'm not sure when that started but I noticed it in 2019-ish last two years. Youtube search is so bad (note: I have history disabled), I rely on Google to search YouTube.

Playing cat and mouse with SEO seems to have taken its toll. I find myself going to DDG and Bing a few times a week. Before it was only Google.

> For a social network, Facebook buy out any potential competition when it's gaining traction to further solidify their monopoly.

Maybe, but each of those competitors is essentially a fad, and Facebook forcing WhatsApp users to login via Facebook, to me seems more like desperate move, than anything else.

I agree those acquisitions are IMO problematic, but I am not sure if they are strengthening Facebook, or killing it with a thousand cuts.

Them going out of business in 60 years doesn't mean we have to sit on our hands now.
I don't think they will last 60 years as monopolies. Like IBM if yesterday they will shuffle around shadow of their former selves.

MSFT is nowhere the behemoth it was, with Windows 10 being minority compared to Android.