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Things that I think will be important in the next decade

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Re: Things that I think will be important in the next decade

#11

Post by Nextgrid »

So his main point is a private & potentially decentralised social platform. He didn't address how the platform is going to be funded though.

Advertising as we know it is well and truly dead, and I don't think Facebook or Zuckerberg are the right entities to push for change in this field. They've already demonstrated their bad faith and maliciousness.

There are ways to make advertising ethical, but Facebook definitely won't do that, as they currently profit from the negative externalities & bad side effects of the current advertising model. Doing advertising ethically will be a serious downgrade from their current income, and while it's still a big chunk of money they for sure won't like it and will never do it for this reason.

Re: Things that I think will be important in the next decade

#12

Post by awb »

> I don't think private companies should be making so many important decisions that touch on fundamental democratic values.

> One way to address this is through regulation.

> I've called for new regulation in these areas and over the next decade I hope we get clearer rules for the internet.

Surprising to hear a near-monopoly call for regulation.

> Another and perhaps even better way to address this is by establishing new ways for communities to govern themselves. An example of independent governance is the Oversight Board we're creating.

Oh I see, self-regulation is the answer.

Re: Things that I think will be important in the next decade

#13

Post by Cookingboy »

jonstewart wrote: post #3

I think antitrust enforcement and privacy legislation will be important in the next decade.

I honestly don't think privacy legislation would make much headway, simply for the reason that vast majority of people outside of the HackerNews crowd don't care about it.

When people say they care about privacy, most of the time they mean they care about anonymity, as in privacy from people who knows them personally. They don't want their internet search history to be known by friends or family or coworkers, but they probably have no qualm if it's just data being sent to large corporate service providers.

That's why people would continue to trade personal info for conveniences for the foreseeable future, and as long as corporations maintain public anonymity for those data the most we'll ever see are temporary public outrages.

Re: Things that I think will be important in the next decade

#15

Post by cityzen »

awb wrote: post #12

> I don't think private companies should be making so many important decisions that touch on fundamental democratic values. > One way to address this is through regulation. > I've called for new regulation in these areas and over the next decade I hope we get clearer rules for the internet. Surprising to hear a near-monopoly call for regulation. > Another and perhaps even better way to address this is by establishing…

Look up Joel Kaplan. Mark doesn’t give a shit about regulation unless it is to his benefit.

Re: Things that I think will be important in the next decade

#16

Post by JohnFen »

awb wrote: post #12

> I don't think private companies should be making so many important decisions that touch on fundamental democratic values. > One way to address this is through regulation. > I've called for new regulation in these areas and over the next decade I hope we get clearer rules for the internet. Surprising to hear a near-monopoly call for regulation. > Another and perhaps even better way to address this is by establishing…

> Surprising to hear a near-monopoly advocate for regulation.

Not really. When a company reaches a certain level of dominance, government regulation is a good thing because it increases the cost of entry to the market, so it acts as a kind of moat for the established players.

Re: Things that I think will be important in the next decade

#19

Post by neandrake »

awb wrote: post #12

> I don't think private companies should be making so many important decisions that touch on fundamental democratic values. > One way to address this is through regulation. > I've called for new regulation in these areas and over the next decade I hope we get clearer rules for the internet. Surprising to hear a near-monopoly call for regulation. > Another and perhaps even better way to address this is by establishing…

> Surprising to hear a near-monopoly call for regulation.

Regulation can often mean a higher bar to entry for competitors. Compliance costs time/money and Facebook has plenty.

Re: Things that I think will be important in the next decade

#20

Post by mattcdrake »

awb wrote: post #12

> I don't think private companies should be making so many important decisions that touch on fundamental democratic values. > One way to address this is through regulation. > I've called for new regulation in these areas and over the next decade I hope we get clearer rules for the internet. Surprising to hear a near-monopoly call for regulation. > Another and perhaps even better way to address this is by establishing…

It would be harder for a fledgling competitor to comply with an increased regulatory burden than it would be for Facebook. This is especially likely given that Facebook would be influencing the regulation. That is one incentive for Zuckerberg to advocate for regulation even though he runs a monopolistic firm.
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