Perhaps you may not like the suggestion that I offered, but you’re minimizing what Facebook has become and what it takes to run at that scale.
As for the businesses that rely on it -- they choose to use that platform, for free, knowing exactly what they're getting into. There are thousands of times more businesses that do not rely on Facebook than those that do. Facebook is not some key infrastructure; if it all went away tomorrow it's a minor inconvenience at worst.
Facebook also owns at least some of its own interconnects.
It is fine with me if you disagree on principle, but to act like anybody can just create the network effect of Facebook and compete is frankly ridiculous.
You talk like Facebook was the first ever social network and didn't start out of dorm room. You talk like there aren't any other social networks right now. Or that there aren't other media companies.
What's the end game here? What exactly do you want? The inability to moderate? Nationalized? Broken up? I guarantee you can't come up with a single remedy that isn't ridiculous.
Facebook’s scale and power are bad for capitalism and democracy. You may find it ridiculous to break them up, but plenty of serious people in this world don’t.
So break it up, how? In what way? And if you've broken Facebook up, how have you ensured that you've actually solved the problem you intend to solve.
Here's the problem as i see it.
Facebook's and other companies with data exchange driven revenue models have monopolization on some of our generations most intelligent minds and are using cutting edge psychology and algorithms to get the general populace to click that, scroll for longer and be deeper entrenched in the depths of political extremism.
Phone and Internet requires literal physical infrastructure that crosses public and private property, you pay for it, and they are natural monopolies because of that. Facebook is nothing by comparison.