Chris Hughes is right. Today’s big tech companies have too much power—over our economy, our society, & our democracy. They’ve bulldozed competition, used our private info for profit, hurt small businesses & stifled innovation. It's time to #BreakUpBigTech.https://www.nytimes.com/2019/05/09/opinion/sunday/chris-hughes-facebook-zuckerberg.html …
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Except anti-trust isn't normal regulation. Rather, it's what governments can use when they need a way to seriously damage specific companies that have become irredeemably reckless and / or abusive in ways that market forces and normal regulation are unable to correct.
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That implies that all they will do something like “Hey WhatsApp gets to be a separate company and then we are done here” and that is not at all what I expect to happen.
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It's not just WhatsApp. It's also IG and maybe (though doubtfully) Oculus. A world where FB is having to compete against its former holdings leaves the company seriously diminished, and facing a far cloudier future. That, I suspect, is the point.
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I couldn’t care less about what happens to IG or Whatsapp. The knock on effects for innovation and small startups is my concern. Regulating away the next wave of social products that will kill IG naturally is my worry.
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what next wave of social products from small startups? The last big consumer social product was Snapchat (2011) and the only significant nouveau thing competing with FB is a Chinese company with 40,000 employees.
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Well,
@discordapp and@Nextdoor are at scale social networks that happen to exhibit some of the traits of what you would want in a next gen network (private, group oriented). And as you know well, the next wave happens when you least expect it. :)1 reply 0 retweets 5 likes
I knew you'd say @discordapp and @nextdoor. Still waiting for that next generation search engine.... 
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