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> The harder part is executing on the above strategy. You will need new institutions or see an expansion or extension of existing institutions. Imagining the FC
by thr0wawayf00 5y ago
> The harder part is executing on the above strategy. You will need new institutions or see an expansion or extension of existing institutions. Imagining the FCC trying to do this seems both a likely approach and an incredibly ineffective one.
I completely agree and that's what scares me more and more about big tech. We let these huge companies grow for years without really considering the scalability of managing them and now we find ourselves desperately needing to regulate them but not really knowing how.
It reminds me of the content moderation problem with Facebook, the cost of hiring enough humans to adequately deal with content moderation there would quite possibly bankrupt the company, and they know that.
How do you find a sustainable oversight/regulatory strategy when the companies themselves were founded largely on their desire to not figure out those kinds of problems in the first place?