[Leparamour]

So much scripted drama while everybody involved is on the same page and wants and regulation and more censorship of FB:

Facebook wants regulation for itself to kick the ladder down for future competitors, the current "whistleblowers" want it for FB because of personal idelogical leanings toward modern identity politics, the legacy media corporations want regulation applied to FB hoping that it will somehow save the former's outdated business model and the Biden administration wants it in order to manufacture consent in the face of falling popularity ratings and to keep those pesky allegations of election fraud down (except for their own allegations against the opponent).

[_Understated_]

I have no idea why you are being downvoted... perhaps FB zealots fear the truth.

Regulation is exactly what large corporations want. Regulation prevents competition from ever getting started.

What's an extra £30 million a year for regulatory compliance to someone like FB, or Google, or any billion dollar corp? It's literally zero. Nothing at all. The (insignificant) cost of doing business.

For a startup? It's certain death right at the idea stage...

I would put money on FB actually helping government draft regulations _against_ FB themselves knowing that they won't be financially affected by them and that they will help kill any potential competition from ever getting started.

[dobin]

Is this a specifically american thing, that regulations are bad? Thats exactly what FB would say. Next you tell me, that "trickle up economics" are bad, and we should try "trickle down"

[cryptica]

Yeah this pretty much sums up the the corporate playbook. Build a regulatory moat which makes it impossible for startups to compete... Use the government to reframe honest entrepreneurs as criminals (who are in breach of regulations) in order to protect corporate interests.

These days you can't take a crap without a license...

[babuskov]

Idk, it seems to be that Facebook has become too good at targeting people and started to be used so effectively for political purposes, that parties obviously decided that it's too much risk to let them have that kind of influence without them being able to control it.

[luegen]

It's fishy indeed: https://thegrayzone.com/2021/10/21/facebook-whistleblower-fr...

[erdo]

Who is this news org, why should we trust them? A cursory look at their content suggests we shouldn't.

It's easy, all you need to do is spot the term "Russiagate", in this case the "gate" is being used to suggest that Russian influence in American politics is a fake news story (which it definitely isn't, see Muller report)

[cyber_kinetist]

I've posted that article yesterday in HN, and it was flagged immediately. Guess some people in here don't really recept well to any media that is outside of the mainstream (which in this case with FB, were all repeating the identically constructed narrative)

[kwertyoowiyop]

Do you have a citation for all these claims?

[cryptica]

This isn't mathematics. Nobody is asking anybody to accept the statements as 100% truth.

Obviously when there are incentives for people to hide the truth, it's going to be difficult to find citations.

It is broadly believed within the corporate sphere that companies do this. There is even a term called 'regulatory capture'. Why else would they hire lobbyists?