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> China's policy of locking US companies out of the Chinese market looks prudent in hindsight. Exactly. I mean, depending on their market penetration, social m
by p2detar 6y ago
> China's policy of locking US companies out of the Chinese market looks prudent in hindsight.
Exactly. I mean, depending on their market penetration, social media platforms are not just a mirror but an active tool for analysis and influence of people's opinions. Age groups, clicks, hash tags, links, time of posting, etc. Why on Earth would governments leave such power in the hands of the free enterprise? Even in the West this just seems bizarre to me.
I think the days of internationally available social media platforms are numbered. Enterprises like Twitter, Facebook and Google will either concede to selected rules crafted by governments, authoritarian or not, or just get blocked from operating in their markets.
Those who have heavily invested in social media are soon to be in for an unpleasant surprise.
- op03 6y agoThats what was said about Wall St after many a blunder. They are still raking it in. Do you know why?
- p2detar 6y agoNo, I don't know or have an exact opinion about Wall St. About social media, I think it's mostly a generational issue in governance. Those generations in power are still very little informed about the immense power of social media and are only now beginning to see its effects. The congress hearings of Zuckerberg, Doursey and Pichai, and the kind of questions being asked there seem to point in that direction. Needless to say, regulation isn't quite in the best interest of intelligence orgs. More so on the West that is.
- igammarays 6y agoIt's a billion times easier (and cheaper) to block a social media site than boycott a Wall St firm.
- pjc50 6y agoWhere else is the money going to go?