MindzEye
Wayward Ditch Pig
it's a good test of whether these major social media platforms really are Utilities or not.
They're not. Trying to draw parallel between the physical and digital worlds will lead you as wrong as when we try to anthropomorphize animal behaviour. It all operates on a different set rules. All of these platforms are entirely replaceable and maybe more importantly, only exist in their current form because of incredibly lax private data regulations. The best example here is iOS 14.5's release. Apple took up the role as a defacto regulatory body by gating access to user data of their products. This happened in May of 2021. It took 2-3 months for the market to figure out it's importance to FB/Meta's bottom line, but it was the main driving force behind Zuckerberg panicking and pushing the Meta rebrand.
If one (big) tech company can gut facebook like a fucking trout just by denying access to their user data without individual opt in, then the entire social media industry is a house of cards that a handful of regulations in 5-6 nations and 3-4 board rooms could bring crashing to the ground without breaking a sweat.
Here's FB's chart fwiw. 600B in value evaporated in 12 months. FB/IG is replaceable, Twitter is replaceable, TikTok etc. We shouldn't lose site of this. The only value they truly have is access to our information that needs regulating and eventually will be.

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