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this post was submitted on 11 Jan 2024
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Nothing about the nature of Meta and their track record is imagined. Risk management is the concept you’re missing here, where a bit more of that earlier in the story of how big tech monopolised the internet and our lives on it would have gone a long way. Now where trying to pick up the pieces and a whole generation doesn’t even understand the problem.
The current substack situation is similar where a bunch of people got tricked into getting trapped in a monopolised platform by being convinced they could leave anytime all while the value of network effects was being used to build walls around them without anyone remembering that platform lock in is almost always bad. Plenty of people could have done something about it just to keep substack honest. But here we are again.