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A comment on Facebook furious at FTC after agency proposes ban on monetizing youth data. Parent comment

Re:Facebook furious at FTC after agency proposes ban on mone... by ryandrake on Thursday May 04, 2023 @10:53AM (#35816323)
To be fair, many, many corporations start out as a tiny kernel of something that solves a problem for people, and then metastasize into "extract maximum revenue from maximum number of people" cancer once Wall Street takes over. So, honestly, you can generalize this to "bad for corporations" ~= "good for society."

A topic for another discussion is why society allows corporations to become parasitic and cancerous without any checks or balances.

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Re:Facebook furious at FTC after agency proposes ban on mone... by ethbr0 on Thursday May 04, 2023 @11:11AM (#35816634)
Well, in a global sense it's a race to the bottom: if X doesn't claim efficiencies of scale then Y will, and put X out of business.

Germany would probably be the best counter-example to look at? Re: how to create and maintain medium-sized businesses that are still efficient.

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