[bcrl]

At least there was/is a legal framework under which the behaviour of telecommunications firms was regulated. Exempting "information services" from those regulations is, in my opinion, the biggest policy failure in the last 30 years.

Back in 1999, we didn't have streaming TV services to any real degree. What ads you saw on the bulk of media was not visible to the intermediaries. The internet hadn't descended into the click-addition as engagement, as we hadn't created neural networks tuned towards rewards that result in damage to real world humans. Faked photos and videos required real effort and resources to create, and print media was still a viable funding method for investigative journalism.

The base of technology is neutral -- machines that do math for us are not good or bad on their own. The goals that advertisers and their enablers so heavily fund are goals that can and should be regulated when they cause actual harm to humans. Going "viral" can be a good thing, but when it destroys lives, the platforms that make that happen should bear some level of responsibility and liability for that. That's what feels to me to be the biggest loss of today's internet. It took real dollars to run a smear campaign on someone 20-30 years ago...