It's depressing but also interesting to watch the regulatory capture vis a vis Facebook happen in real-time.
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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There's a fundamental tension where tech companies basically exist to take advantage of economies of scale, so antitrust suits also destroy the value. The solution looks more like utilities regulations. Single provider allowed but a minimum service standard required.
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how can that be managed if the provider is also a media company that sells advertisements? if that's the direction it goes then the FB "users are the product, advertisers are the customers" model is being ruled illegal b/c harmful. Maybe that's correct.
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Nah, FB would still sell the data, but it'd become subject to HIPAA-like regulations guaranteeing a degree of anonymity. (What, you thought healthcare providers _weren't_ selling your data?)
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It's common to talk about FB this way but their business model is not selling data, it's using data to sell access to the eyeballs of specific demographics
End of conversation
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