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>> Is the problem really that Facebook et al are American Kinda. American's seem to take capitalism to the extreme (honestly I do like America and Americans).
by CodeGlitch 6y ago
>> Is the problem really that Facebook et al are American
Kinda. American's seem to take capitalism to the extreme (honestly I do like America and Americans). I'm all for an open market but there are limits that we should enforce.
>> Say a company based in the UK had the exact same basic business plan of collecting your data and selling it to micro-targeting ad agencies and political campaigns. Would it not have the same prime metric of "engagement" and stimulate the same rage bait and limbic system responses? Would people not end up in ideological rabbit holes?
Yes - but I don't think those companies would end up as oligarchies, as Facebook / Twitter / etc have become, due to the "national" limitation that they would endure. They wouldn't be able to influence the elections in other countries. Competition would be easier (you try starting a company to compete with Twitter, it can sway public opinion to stay top-dog).