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This looks like negative news for the Facebooks & Youtubes, but I think it's the opposite. Whenever the law, Facebook & Youtube will adapt - they have the resou
by jatsign 8y ago
This looks like negative news for the Facebooks & Youtubes, but I think it's the opposite. Whenever the law, Facebook & Youtube will adapt - they have the resources to do so. Smaller players, and potential future competitors, will not be able to adapt.
This just draws a moat around existing behemoths that will protect them against future disruption.
- malvosenior 8y agoYes, it's called regulatory capture and it's the reason big players push for regulation and government involvement.
- matrixmultiply 8y agoThis is indeed favors FB and YT. They will censor and blame it on the government, and they won’t take any responsibility.
- deleted 8y ago[deleted]
- wallace_f 8y agoThis is downvoted because I think people are insane. FB has indeed been pushing for regulation. Your comment is accurate.