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This is so true. We are living through an era of massive, global, black-box corporations, with ability to directly feed into the brains of its users. The kind
by kumarvvr 5y ago
This is so true. We are living through an era of massive, global, black-box corporations, with ability to directly feed into the brains of its users.
The kind dystopian stories talk about.
Yet, we struggle to regulate them in archaic laws pertaining to old school monopolies.
The Standard Oil of yesterday, is nothing compared to the FB of today.
There needs to be a revision of laws and regulatory compliances regarding these companies. And, I really think, they should happen at an international level.
I mean, probably a 100 engineers who work on algorithms have control over billions of views and what is shown to whom. A small change in a couple of numbers probably changes how much of "counter-point" articles I see on my feed.
That is the definition of monopoly. Not, hurr durr, everyone is free to start a social network.
And we all know how Zuck bootlicked Trump when it came to the threat of breaking up facebook.