It's depressing but also interesting to watch the regulatory capture vis a vis Facebook happen in real-time.
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Maybe I'm just paranoid but I see any outcome besides anti-trust as being really bad for the people.
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this is silly and paranoid and not paranoid enough, antitrust regulation of facebook would also end up being really bad for the human race
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I'm interested in your perspective. Can you say more?
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I mean let’s suppose that we had a Bell style solution, where Facebook breaks up into several smaller companies
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Now we’ll have Instagram, Messenger, Facebook Prime, etc., each with their own lobbying departments, each fighting for higher barriers to entry for competitors
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(There are also hard corpgov questions here; does the Zuck get a special class of equity in all the successor companies that gives him essentially full control? If so, are we doing anything, really? If not, what are we doing instead?)
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suppose the breakup of FB wasn't along verticals, but along horizontals. I feel like there's a scale issue here. 1 network of 1 billion people is dangerous. 1000 networks of 1 million people is useful.
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i.e. a vertical breakup would just unbundle the 7(ish) billion person networks that FB currently controls into 7 different functions each consistenting of a billion person network. that's still in the problem/dangerous territory.
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