A rare day when @ScottAdamsSays was wrong. Social Media doesn't need to be a utility. Honestly, I think SM would love that. It would eliminate competition. Everything defaults to freedom of speech. Let the SMs decide how to make it an attractive product.
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And THAT is where many go wrong, because they miss that whole point/concept.
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where did he say monopolies were competition?
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Correct, they are products of lack of regulation! Capitalism has a harsh shelf life. Without proper forecasting and countermeasure implementation, the animal consumes itself.
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I don’t think we need to cast this as a monopoly situation. Just define a size where a SM platform is large enough to come under free speech guarantees previously applied only to the government
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Not only are they monopolies, they are natural monopolies. As in, part of the draw of a SM platform is that everyone else is using the same platform!
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