As a consequence:
1) fully-featured third-party cross-platform client software allows users to transition across platforms more easily,
2) platforms start bleeding users,
3) platforms start charging for service,
4) platforms become pipes.
There are implications, though:
1) big tech might find ways to pretend to be smaller entities;
2) this does not guarantee that user data privacy is respected, but ideally this creates a scenario in which the user is free to choose a more ethical provider;
3) client app security & ethics will become paramount, client apps will become valuable targets;
4) downgrade to pipes will end of the age of cool Web 2.0 platforms and grand social startups. Unfortunately, I don’t see any other way—this business model is user- (society-?) hostile yet addictive, and there seems no other way around it apart from WeChat-like nationalization which is objectionable for a whole other chunk of reasons.
Possibly. If FB et al did, they would have to become a lot more responsive to users.
> 4) platforms become pipes.
Not sure what you mean by that.
It sounds nice in theory, but in practice I suspect such a regulation would at best accomplish nothing and at worst would be a disaster. How do you even define a "social network?" The regulation would either be too broad and wind up covering the comments section of HN, or too narrow and easy to evade. In all likelihood the outcome would be similar to GDPR -- the big companies that inspire it would have little difficulty with compliance while startups would find it that much harder to compete.
HN is clearly a social network. What I envisage is a regulation that applies to social networking and user-generated content sites with greater than a certain number of users, e.g. 1 million.
Obviously there shouldn't be onerous regulation on small sites.
That's why governments need to mandate interoperability of social networks, using ActivityPub and similar protocols.