> [big tech] lobbied for it hard

Source?

It can be very helpful to them as a form of regulatory capture, kicking the ladder down.

It's why Walmart and Amazon were the biggest corporate supporters of raising minimum wage and getting stricter on Internet sales tax.

Pretty sure Zuckerberg loves this. He probably spent a lot of $$$ lobbying for this.

I’m assuming this is and will be a classic example of the “First they came for….” Quote where it goes through the list of ‘others’ that is not oneself then, at the end when the authority finally shows up to take the ‘you’ in the ‘oneself’, no one is left to defend you and thus you also go down.

They will aim to eliminate tiktok as, everyone in the us higher ups agree it has to go, but who will be next afterwards? If in the future, Facebook doesn’t bend its knee to shovel out state propaganda, will it too go?

The very scary part of the bill, if true, is the outright banning of VPNs.

As a Finn, I’m not too worried about myself right now, but should USA fall into a complete Surveillance State with monitoring and it’s own version of China’s Social Credit system, it will have huge ramifications on EU and probably my country Finland.

They're already under state control.

They get an insane amounts of data requests from governments on a daily basis.

It's not clear to me this is worse than not being under state control.

I mean - our government sucks - but it is our government. Law and order is nice. Ideally the laws wouldn't be terrible.

It shouldn't be up to companies to make their own rules - even if our government sucks.

Large companies generally welcome strict regulation. While it will increase their cost of doing business, more importantly, it'll stifle competition.