Perhaps the platform utility designation will let us enforce a kind of "content neutrality" instead.
I don't see how this could be implemented to the best interest of the USA without "censorship" being involved at some point.
Right now, it feels like companies like Google are mostly silencing hate speech, violent extremists, and pornography, but there is no guarantee that their censorship will remain that way in the future. In a not-so-hypothetical future where a single private company has taken almost whole control over online media and starts imposing heavy censorship over non-offensive speech, are we going to continue saying "it's a private company, and if you don't like it, you can just share your opinions on this platform that nobody reads"?
I like diverse viewpoints being allowed. It is unacceptable, however, to be so entitled as to try to force companies not to censor whatever they feel like.
What about forcing companies to offer housing to people they do or don't like?
And what about offering loans? Should companies be forced to offer loans to people, even if they don't want to?
Though, just so you know where I'm coming from, in my ideal world it would be strong social and business pressures that enforced the idea of protected classes, not regulation. I'd support any competitor which was more ethical, but complex issue.
If, by regulating the way people do business, we can increase total freedom in the world, I think that it's a worthwhile exchange. The way we do business is already regulated, and is one of the powers that we explicitly grant the government in the constitution.
The way I see it, forcing social platforms to accept free speech is really just a commercial regulation, and not a speech regulation. After all, we all understand that this post doesn't reflect the opinions of YC, and thus forcing YC to accept this post doesn't restrict anyone's freedom of speech.
This is like saying if you don't like the debate happening in your city hall or town square, go to the small gathering in the woods to have your conversations.. where no one will hear you, and what you say will have no impact.
I know this the analogy is flawed because there is no "public space" on the Internet.. The places we have chosen to hold our public discourse online are all privately owned..
It's a challenging problem and "go somewhere else" is not a viable solution because it marginalizes and suppresses unpopular opinions or minority groups..
Hiding revenue is something multi-national corporations do really well.
If I ran a company that had a platform as described, and we were approaching the 25bn mark, I'd find ways to make sure we never crossed that line.
Losing IP to what would become a 'public utility' would discourage me from ever trying to develop beyond the 24.9bn mark.
Sure, some of your IP moves to a new company that is more restricted in how it can operate. But at least your marketplace doesn't hold back everything else your company is doing.
I feel like shareholders wouldn't be very happy with this
I thought it was profits that were easily hidden. Hiding revenue seems like it would be very difficult.
(it wouldn't be a public utility but) I feel like that's kind of the point? Encourage dozens of smaller (if multi-billion counts as "small") businesses to thrive rather than one 25bn+ business. And if you do want to go big, you have to do it in a way that lifts up significantly smaller businesses.
I actually think Android is a really bad example precisely because all the useful google apps ARE separate from the OS. Its just that what people think of as android is actually mostly Play Services now.
1. Raise prices for customers since now someone has to pay for Android development/upkeep/progress, or
2. Starve and kill Android and leave customers with just one major app store (Apple)?
It should always be something that's a better true absolute measure, for example market penetration.
Facebook, Google and Amazon really do have an unprecedented amount of data on us. And keep vacuuming up more and more of it. Facebook should never have been allowed to buy WhatsApp (and maybe not Instagram though I'm less concerned about that one). Google should never have been allowed to buy DoubleClick.
Question is how you'd effectively roll that back now. I'm concerned that the government doesn't have enough people with the technical knowledge to really tackle the data question, but I'm still glad Warren is starting the conversation. And she's got some interesting ideas:
> Companies with an annual global revenue of $25 billion or more and that offer to the public an online marketplace, an exchange, or a platform for connecting third parties would be designated as “platform utilities.”
> These companies would be prohibited from owning both the platform utility and any participants on that platform. Platform utilities would be required to meet a standard of fair, reasonable, and nondiscriminatory dealing with users. Platform utilities would not be allowed to transfer or share data with third parties.
https://medium.com/@teamwarren/heres-how-we-can-break-up-big...