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by AndrewUnmuted
1843 days ago
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> it's Vegas in your pocket, without any of the regulations and rules Vegas casinos have to abide by > I'm in favor of some regulation on this sort of stuff You really nailed the problem but I am not so sure about your solution. The gambling industry's regulations do not do very much to reduce the volume of lives ruined by the gambling industry. We've been gambling since the paleolithic period, and like other vices, its regulation serves largely to hide it from public view, rather than actually fix any social problems. Regulating social media in any meaningful way will do the same; compliance with these regulations will force the issue further into the corporate depths and away from public view. We already know the social media firms collude with governments around the world in secretive tribunals to deal with issues of "national security." We don't want to encourage further developments on this front. |
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No, but if I walk into a casino, there's at least some chance I can come out with more money than I went in with.
Consider a slot machine app. Not only do you have no idea what the payout is, you're guaranteed to lose money if you pay for any coins in that game, which I assure you, people do. For reasons I don't understand, but I've seen it happen.