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I'm only replying because you solicited thoughts. I think you dislike Facebook, and would love for it to be sued/ruled a monopoly/forced to break up. I think pe
by praneshp 10y ago
I'm only replying because you solicited thoughts. I think you dislike Facebook, and would love for it to be sued/ruled a monopoly/forced to break up. I think people are quite aware of exactly how big a fish they are, and that they are nothing compared to what Microsoft used to be.
More importantly, you could buy a computer and phone and live without Facebook (or Instagram. My life would be poorer without Whatsapp though).
- blowski 10y agoIs Facebook abusing its dominance to prevent competition, allowing it to artificially inflate prices? This was a big argument against Microsoft in the 1990s - they prevented computer retailers selling computers with non-Microsoft operating systems. On that level, I'm hesitant to call Facebook a monopoly. However, looked at another way, Facebook is now too important to be a private company. It has access to so much data about so many people that the potential for abuse is huge. I wouldn't want to see them become a government owned entity, as the potential for abuse would be just as great (maybe greater) while innovation would inevitably slow down. But I would like to see a regulator that sits on Facebook's board, can review its source code and order changes. My dream would be for Facebook to be broken up and turned into a protocol. But it seems that ship has sailed.