• 0 Posts
  • 132 Comments
Joined 2 years ago
cake
Cake day: July 6th, 2023

help-circle












  • it is difficult to make people leave the current ones.

    That comes on top. Without legal risks we would have 10 alternatives and one would succeed.

    There are Lemmy and Mastodon. There is/was Diaspora and Minds and probably a lot more, both as Facebook replacement and Twitter/Instagram replacement. There are alternatives for Youtube.
    So, cleared that some alternative is present, I would argue that the switch is the biggest problem.

    before Facebook there was MySpace and after Facebook there will be something else.

    No, because these legal obligations are the moat that defends Facebook.

    Assuming the moat will will never change, yes. Maybe.

    Facebook is an advertising platform first. That’s almost impossible to recreate.

    Like it was MySpace before.



  • It’s pretty far from a win. It’s backing down to a bully because you know a fight would hurt you both badly, and that you still need the help of this bully against another.

    Right, the fight can hurt both sides, but capitulating today will only end with another capitulation tomorrow.

    Shit sucks, but that’s where we are now.

    Well, we as EU could have simply let Trump know that we are a market they cannot leave.
    Put a 15% additional taxes on every penny the US tech companies make in EU… and it is not really hard to do it even without them collaborating.



  • The VCs can hop on a plane and invest the money in the EU, if they think that’s what makes them a profit.

    True, but I suspect that the VCs don’t like the EU rules…

    I know some people that regulations should be changed so that European banks can make riskier investments and do VC funding. I don’t see why they would invest in Europe and not in the US, like anyone else. They are all chasing the same profits. European VCs can hop on a plane to Silicon Valley and dump the money there.

    More than that, the real advantage that US people have is that bankruptcy is not see the same way, in US is handled almost as a normal thing if you try to build something while in EU is seen almost as a stigma.

    What probably stops people in EU is that normally if you try and fail you almost never have a second chance.

    I don’t know if deregulating banks is a good idea. I’m skeptical because I remember the 00s. But I don’t have the qualifications to judge.

    No, it is not a good idea, I agree


  • It’s not prohibitive but an obstacle. Facebook can build neural networks to automate legal obligations and it can hire lawyers to minimize damage when they fail.

    Yes, it is true, but I would love to see how it will work

    Everybody can try though to build a new social media but nobody will.

    You are right, but I suspect that you don’t understand the real reason, which is not the rules but the fact that a social media need users and it is difficult to make people leave the current ones. After all, before Facebook there was MySpace and after Facebook there will be something else.


  • Tighter moderation and copyright requirements can stop everything.

    True, but that would be valid for everyone. So as it could stop an emerging social media it could also stop an estabilished social media, and EU historically does not go after the small fishes.
    I am sure that you understand that if EU put up tighter moderation and copyright requirements the first social media to be tanked would be Facebook and not the emerging social media.

    The USA had excempted platforms from holding them responsible to allow broad innovation by everybody. The EU does the opposite and ads more requirements.

    Not always.
    But the way the USA went create a grey area were the social media can legally say “I am not responsible for what the users post” and on the other hand the “the platform is mine and I can decide what goes on it”, which in my opinion is a worse situation since now the moderation is in the hand of a company.
    We had many examples of social media that on one hand say they are excempted and on the other say that they can decide what goes on the site. Sorry but it not works this way: you are responsible for everything on your site and then you can decide what goes on it or you are not responsible and then you cannot decide what goes on it (granted that is legal). You cannot have both ways.

    Nothing that kills an established company but it’s deadly for anything but the most serious startups.

    I disagree. If Facebook would be held responsible for its contents like a startup, I would bet that it would be deadly for Facebook and not the startup. Look at the GDPR, there were reasons why these companies have fought tooth and nail against it.

    The EU must know about the US excemption. They are not ignorant so they chose to not create competition and to leave that market to the US.

    Which, again, does nothing to stop someone to try to build a new social media.