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by tempsy 1989 days ago
how is it crazy to want to apply a regulatory framework to certain industries? we do that for cable companies, ISPs, banks, publishers, food producers, restaurants, etc etc. So why not social media?

The only reason is these companies are “new” and were not viewed as much more than a toy until a few years ago and now we’re seeing the consequences of that.

1 comments

I don’t think wanting a regulatory framework is bad at all (though I think in the last few decades, we have naïvely tried to regulate companies into doing things that are simply counter to their nature rather than solving problems directly, eg minimum wage vs UBI).

A utility is different than a regulated company.