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Social media companies post record earnings year after year from their ads business while increasingly proving to be harmful to society. They do the bare minimum in terms of content moderation and bots while priming the algorithms to maximize revenue. The good ol' privatized profits, socialized harm model. In a just world, would social media platforms be taxed higher on corporate revenue and how would that pan out? Maybe we'll be left with small federated platforms without algorithms and ads. |
In a just world what Zuckerberg and his cronies are doing - the sheer unrelenting tidal wave of destabilising societal damage (nationally, internationally, globally), not to mention the negative consequences of bullying and the exacerbation of mental health issues at individual and group levels over the course of, now, decades - would be considered crimes, and they would all be put on trial, held to account, and appropriately sanctioned for them.
What he's done to individuals, to marginalised and oppressed groups, to societies, and to global stability is far worse than any damage that, for example, Sam Bankman-Fried managed to do and yet somehow SBF is in prison for 25 years and Zuck walks free.
Not OK.
(Not to say SBF doesn't deserve his criminal penalty but to highlight the disconnect where we're not seeing similar treatment of these social media moguls who, at very best, are completely indifferent to the harm they cause but whom, one starts to suspect, are actually gunning for that harm in order to cement their own power and positions.)