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- Nov 21, 2019
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Primarily because of the manipulation over currency. Force the payment networks to do business with every legitimate company, win it all back.
Orange Man....ok sometimes?Oh look, there are already BOTH "Orange man bad" and "Orange man good" replies. I can tell this is going to be a valuable and high level discussion.
Very hard to do as you know.
I am still bitter that more shit was not done in the wake of the 08 bullshit.
It's never coming. The problem is the banks. It is always the banks. No representative or senator since JFK has wanted to touch the banks and force them to treat people fairly.
That's not really a surprise. If I recall, JP Morgan Chase was Obama's really big donors.
Orange Man meh?Oh look, there are already BOTH "Orange man bad" and "Orange man good" replies. I can tell this is going to be a valuable and high level discussion.
I hope you're right.I highly doubt that any 230 repeal will manage to make it through, for one reason: money. Billion dollar lobbying entities backed by google, facebook, et al will fight this tooth and nail, because even if this 230 repeal would benefit them int he short run by eliminating their competitors, they know that no modern internet company would survive. To avoid hundreds of lolsuits per day, youtube, facebook, twitter, ece would have to vet every single post, and that would be far too expensive to do, since you couldnt risk an AI fucking up and letting a post through. The highly mediated system would also obliterate engagement from users, dramatically reducing data collection, ad interaction, and overall income, along with halting the political power of these institutions. Even if the loss of money wouldnt didnt stop them,t he lost of political power would.
Both EARN IT and the alternatives would still give government power over these companies to hold them responsible, which still implies the above. Even if facebook followed along the "best practices" narrative, for instance, all it would take is one politician deciding to pick a bone with facebook on that board and Ol' Zucky would be in for a world of hurt.
Under the 230A protections, big internet companies can hide behind the shield of their token efforts. Replacing those efforts would be monumentally expensive, and they will fight these changes tooth and nail.
If they dont, well, it will likely be the end of the internet as we know it. Only megacorps with political power would survive, and then only by posting the most banal content. Normies would bore of it eventually, and the tech savvy would regress back to the era of BBS, where sites are hosted on individual computers or spread through torrent-style networks that are fly-by-night, disappearing at the first sign of legal threat.
EDIT: I'm sure someone will point out that the same lobby groups could buy out the 19 person EARN IT board. They could, but can you imagine the Facebook lobby-bought puppets trying to constantly fuck over the Google lobby-bought puppets? Or if Fox media grabbed a portion ofthe board and tried to use it to legislate facebook out of existence? This would be a recipe for political infighting, and that would still slow the giants to a crawl and open these companies up to lawsuits from any multitude of offended groups.
It’s becoming that anyways. If it has not already been that for a decade.
Ok, I get the banks wield a huge amount of political power but how does having less investors benefit them? If they have to police every transaction thanks to the US Patriot Act, they're missing a lot of micro-transactions form smaller investors because of the restrictions, not counting the resources needed to screen every single one of them. My point is, how is in the bank's best interest to deny access to credit? Isn't it the other way around?
After all, who wants to have a Twitter account when you're not allowed to tweet?
Like tumblr?You'll only be able to tweet at your own tiny bubble or selected people. No sharing.
They'll be a tiny place you can scream into the void. That's what most people use internet for.
Like tumblr?
That turned out great, didn't it.
My Plan for the Banks
All they have to do to fix online censorship is fix payment networks. No "non-kosher" alternatives to Twitter or Facebook can exist when monetization is not possible. The payment networks Mastercard and Visa card do more "editorialization" than any platform does.
The FTC shall consider taking action, as appropriate and consistent with applicable law, to prohibit unfair or deceptive acts or practices in or affecting commerce, pursuant to section 45 of title 15, United States Code. Such unfair or deceptive acts or practice may include practices by entities covered by section 230 that restrict speech in ways that do not align with those entities’ public representations about those practices.
Won't hold water.The only real exception to Section 230 immunity may already apply to Twitter's behavior if they have any connection to the deplatforming of Twitter alternatives
As someone who is technically an ISP I can promise you that there are no such hurdles with "not fucking with other people's shit". This conflation of consumer protection and regulation is nauseating. It's "don't do something" vs. "do something".Google has backed off things like Net Neutrality because they know they benefit from smaller competitors having more hurdles to survival.