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The day I depend on an $800B corporation whose customers are other corporations and for whom my personal data is just an asset, in order to be able to speak and
by geofft 5y ago
The day I depend on an $800B corporation whose customers are other corporations and for whom my personal data is just an asset, in order to be able to speak and organize, is the day I am no longer free.
No law (Facebook's revenue in 2020 was more than twice the entire US Department of Justice's budget) nor good intention on the part of anyone currently in a leadership role at Facebook can in any meaningful way prevent them from abusing their position, if they want to. Certainly, convincing people in Facebook's leadership to do the right thing right now is not a meaningful solution.
I agree with you that the problem is market forces. If you tell people that they are free to make as much money as they want in any way they want, the natural, profitable result is the conglomeration of power. The invisible hand will scoop up everything into one big corporation. Even conventional antitrust law - the thing that prevents Big Tech from becoming a single overarching entity - is an admission that "market forces" are not actually good for society.
I'm a fan of proposals like this to address not only the serious danger of Big Tech but the ongoing danger that the market will create further monstrosities in the future: https://medium.com/@teamwarren/heres-how-we-can-break-up-big-tech-9ad9e0da324c https://medium.com/@teamwarren/heres-how-we-can-break-up-big...