this. I have a new social media startup project based on user-submitted content and I can tell you that there will be no way to compete if regulation is enacted

this. I have a new social media startup project based on user-submitted content and I can tell you that there will be no way to compete if regulation is enacted that treats social media companies as publishers. It's hard enough just to build something that people may want to use in a market dominated by titans, but by adding the additional burden of moderation and liability for content, we'd be ensuring that the incumbents never have to worry about competition again.