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Zuckerberg's talking point from his AP photographed note sheet (https://i.imgur.com/3UP1b4X.jpg https://i.imgur.com/3UP1b4X.jpg) is a good one. If you break up
by doomlaser 9y ago
Zuckerberg's talking point from his AP photographed note sheet (https://i.imgur.com/3UP1b4X.jpg https://i.imgur.com/3UP1b4X.jpg) is a good one.
If you break up the major US tech platforms, it cedes leadership of those sectors to Chinese competitors. Something to think about in discussions about breaking up Facebook, Amazon, and Google.
- KozmoNau7 9y agoSo they're "too big to fail"? If you break of the platforms into smaller separate companies, why would that cede leadership to Chinese companies?
- doomlaser 9y agoUsing the legislative branch to break apart a competitive business into smaller disconnected pieces isn't a failure from internal crisis / overleverage. > why would that cede leadership to Chinese companies? It cedes leadership because the Chinese companies, modeled after the un-splintered US platforms, have more resources, capability to undertake coordinated action, and can take advantage of greater network effects.
- KozmoNau7 9y agoThere would be consequences, but I doubt they would be that major. Facebook hasn't really contributed anything of value, other than a platform for people to get tracked mercilessly. FB's business model is based on advertising, and advertising is poison to the mind. But I do think the best solution is very strict privacy regulation, similar to GDPR. The so-called free market has failed to manifest a good solution to privacy issues, mostly because the harm done isn't directly visible and hard to contextualize for most people. But it is very real, and can have massive consequences.
- Moru 9y agoI think the modern society has forgotten how it is to not have facebook so if that would be forcefully taken away at this point, there would be a lot of angry people not knowing what to do any more.
- KozmoNau7 9y agoLike a band-aid, you either pull it off in one quick go, or in multiple painful small steps.
- ionised 9y agoI think you are vastly overestimating the value Facebook actually provides to its users. They would get over it pretty fast and adapt.
- Lionsion 9y ago> I think the modern society has forgotten how it is to not have facebook so if that would be forcefully taken away at this point, there would be a lot of angry people not knowing what to do any more. They'll adapt. Facebook isn't even the trendy social network anymore. It's not like Facebook really does much that's innovative for users anymore. Their only real innovation was to couple a real-names policy along with social exclusivity, but the value to users of that was lost long ago during their race to 2 billion users.
- Lionsion 9y ago> It cedes leadership because the Chinese companies, modeled after the un-splintered US platforms, have more resources, capability to undertake coordinated action, and can take advantage of greater network effects. The Chinese platforms could be banned from the US for a whole host of reasons. China does the same to US platforms and they're unlikely to reverse course on that any time soon.
- doomlaser 9y agoThe majority of Facebook's users are outside the US.