4 ms·
The proposed California law is written so that it basically only applies to Google and other social media giants. You need to have 50M+ monthly users, or be own
by kemayo 3y ago
The proposed California law is written so that it basically only applies to Google and other social media giants. You need to have 50M+ monthly users, or be owned by someone with either a market cap of $550B+ or 1B+ monthly users.
The text: https://legiscan.com/CA/text/AB886/id/2832517 https://legiscan.com/CA/text/AB886/id/2832517
So, at least in theory, some nimble startup could come in and have a lasting advantage against the big existing platforms until they got big enough that they could handle dealing with the regulations.
I do have mixed feelings about the recent laws written like this. It feels like if it's important that we pay news publishers, that should apply to everyone.