I think one of the scariest effects will be the new entrenched power of the existing major sites.

Building a new Facebook, Google, Amazon, or Twitter after this will be more than a technical and social challenge. There will be literal gatekeepers charging a fee to compete in the same decent pipes.

Last time we saw the big sites speak up. This time it's only the users. It looks as if the big site operators are just preparing to pay to cement their position, damning the small businesses and independent creators.

This clearly benefits nobody except a small select few.