This piece suggests that Meta may be pivoting towards being a platform as a service provider for social media companies. Next, it highlights recent legislation and regulations that apply to social media companies that is costly to implement and benefits incumbents like Meta. Wouldn’t these same regulators be concerned about Meta becoming the centralized federation service between all these nodes and providers? They’d still have monopoly on ad revenue and content moderation.
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This piece suggests that Meta may be pivoting towards being a platform as a service provider for social media companies. Next, it highlights recent legislation and regulations that apply to social media companies that is costly to implement and benefits incumbents like Meta. Wouldn’t these same regulators be concerned about Meta becoming the centralized federation service between all these nodes and providers? They’d still have monopoly on ad revenue and content moderation.