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I am starting to wonder if we’re pretending to live a little further into the future than we realistically can right now. Modern Silicon Valley is built around businesses with software margins. If you can scale via software, it’s huge. If we actually saddled these companies with their externalities or with doing what they say they do, would they still have been able to have software margins, or would they have had to wait until the tech/science was better?

It gives me a wary feeling when people talk about tech regulation and warn that it would change the internet as we know it. Like, if putting the externalities on the company means the company can’t exist as it does today, is that really so bad?