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So many billionaire regrets

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Facebook co-f0under Chris Hughes, calling for a break up of Facebook in The New York Times opinion section:

The most problematic aspect of Facebook’s power is Mark’s unilateral control over speech. There is no precedent for his ability to monitor, organize and even censor the conversations of two billion people. Facebook engineers write algorithms that select which users’ comments or experiences end up displayed in the News Feeds of friends and family. These rules are proprietary and so complex that many Facebook employees themselves don’t understand them […]

If the government were to use this moment to resurrect an effective competition standard that takes a broader view of the full cost of “free” products, it could affect a whole host of industries. The alternative is bleak. If we do not take action, Facebook’s monopoly will become even more entrenched. With much of the world’s personal communications in hand, it can mine that data for patterns and trends, giving it an advantage over competitors for decades to come.

In writing this piece, Hughes joins a litany of former Facebook execs who have come out against the company, including Dustin Muskovitz, Sean Parker, and Brian Acton (Casey Newton has a good rundown here).

In a striking coincidence, pretty much all of them rebuked Facebook after becoming immeasurably enriched by the company. So weird how they found the courage to voice their convictions not during their time there, but way afterwards, when they’d all become billionaires. (To be fair, Hughes acknowledges this and takes responsibility for it in his piece).

Putting that aside though, we should evaluate whether Hughes’ recommendations have merit on their own. And on that measure, his primary suggestions don’t really stand up to even cursory scrutiny. Ezra Klein breaks it down over at Vox:

This is the core contradiction of Hughes’s essay. Every time he names the decisions that competition led Facebook to make, he describes the platform’s moral devolution. But every time he imagines the alternatives that more competition would create, he muses about kinder, gentler platforms — platforms with fewer ads, more privacy, less attention hacking.

But look around. Twitter assessed the competition and went algorithmic, creating a space so toxic the company is now trying to understand how “healthy conversations” work. YouTube ran the numbers and built an algorithm that’s become a powerful force for radicalization. Instagram became attractive to Facebook precisely because it’s so good at being addictive. Tumblr turned out to be so reliant on porn that Pornhub is considering a bid to buy the flailing business. Pinterest, well, Pinterest seems okay. For now.

Perhaps more competition in the social media space would lead to better alternatives. But perhaps it would do what it’s done so far: lead to yet fiercer wars for our attention and data, which would incentivize yet more unethical modes of capturing it.

Klein’s piece nails it. Facebook is the way it is not because of the lack of competition but because of the competition. Regulation could probably help but letting a thousand social network flowers bloom is what’s gotten us into this mess in the first place.


A few more links from the week: