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Agreed, it's hard to believe that if $5B isn't enough some larger amount will be, unless it's enough to completely wipe out Facebook. This has become a litigati
by jdoliner 7y ago
Agreed, it's hard to believe that if $5B isn't enough some larger amount will be, unless it's enough to completely wipe out Facebook. This has become a litigation of whether or not Facebook is a good idea, and these Senators are out for blood. Because I think they perceive that their constituency just wants to see Facebook get it, and I think their perception is correct. While I certainly don't think this is fair, or the way these regulations should be enforced, I do think that Facebook has brought this upon themselves, they've peddled their wares as the solution to so many of societies ills and people eventually woke up and realized not only were they not solving these problems, they were making them worse. Furthermore Facebook seems to have gotten stuck in a rhetorical loop wherein their response to every scandal is more of the same rhetoric about how they're building this hopefully new world, people are just sick of it, and want to see Facebook punished. I don't think these Senators are going to get what they want in this case, what they will get though is that Facebook is going to pay $5B and people are going to look back on it and think, astonishingly, that Facebook "got off easy."