Facebook is a capitalism problem, not a Mark Zuckerberg problem

Facebook is a capitalism problem, not a Mark Zuckerberg problem

5 years ago
Anonymous $9jpehmcKty

https://www.vox.com/recode/2019/5/10/18563895/facebook-chris-hughes-mark-zuckerberg-break-up-monopoly

Regulating social media is more important than breaking up Facebook.

Facebook co-founder Chris Hughes’s call to break up the company hit like a bomb Thursday. But the more I thought about his proposed solution, the less confident I was that it addressed the right problem. I don’t think Facebook should’ve been permitted to buy Instagram or WhatsApp, and I’m not opposed to severing the connection now. But Hughes’s confidence in the healing power of competition is misplaced.

Facebook is a capitalism problem, not a Mark Zuckerberg problem

May 10, 2019, 5:17pm UTC
https://www.vox.com/recode/2019/5/10/18563895/facebook-chris-hughes-mark-zuckerberg-break-up-monopoly > Regulating social media is more important than breaking up Facebook. > Facebook co-founder Chris Hughes’s call to break up the company hit like a bomb Thursday. But the more I thought about his proposed solution, the less confident I was that it addressed the right problem. I don’t think Facebook should’ve been permitted to buy Instagram or WhatsApp, and I’m not opposed to severing the connection now. But Hughes’s confidence in the healing power of competition is misplaced.