Tag: Regulation

  • META Settlement; Don’t Trust It

    The biggest problem I have with huge, multi-state settlements evolving enormous corporations, is that in the end, the public never benefits. I read the story about the settlement in the paper, and this morning I have been watching all the state AG’s lining up to do the morning news shows telling us how this is a “game changer” and a “new day” when it comes to breaking the addictive nature of social media, and its hold on our children.

    As far as I can tell, META is handing over an amount of money it can afford, and setting up guardrails for teen accounts, provided the teen sets up a teen account…

    But what if a teen sets up a fake account? Seems to me that it won’t take someone long to figure out a way around all of this, and then we pretty much are right back to where we began. Which I think was the point of settling in the first place.

    I see all of this as a very interesting form of performance art, enacted in the hopes to avoid regulation. {“Please don’t touch my algorithm if you please, Mr. Customs man.”} Like, if all the tech companies hand over some money, promise to change some of their rules, then the AG’s and all the politicians will give up on that whole nasty regulation thing, right? (While you’re at it, could you stop all this business about stopping our data centers?) It’s a really fun show, as long as you don’t think about how it’s affecting and ruining the world around you.

    The truth of the matter is that this is a big game, and as long as the company and the shareholders are making money, it will continue being played. Which is why I say that if you really want these social media companies to behave, you have to go after their addictive algorithms. They make their money off of us using that piece of code. Regulate the code, and they’ll play nice.

    Until that happens, all of these settlements are meaningless.