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The stock market is a fine comparison. It's something that's run by, or at least heavily controlled and regulated by the federal government of many nations. Tel
by trutannus 5y ago
The stock market is a fine comparison. It's something that's run by, or at least heavily controlled and regulated by the federal government of many nations. Telecom services run on the telecom company's infrastructure. The government just happens to pay for them to build it where I live. The purpose of the analogy is to highlight how the state is pretty bad at managing things, even when it pours billions of dollars into doing so.
> Telecom systems have likely had lesser downtime than Facebook in the last 30 years
I've had a handful outages in the past few years for my telecom services. Rogers' network failed in Canada in 2020 for a full day, crippling communications across the country. I've had one outage with Facebook since 2008. At worst, they're just as reliable. Regardless, the argument here really is "should the state step in and take control of Facebook's uptime because a lot of people chose to use it and it goes offline for a few hours a decade"?. I still maintain that none of this is an affirmative argument.