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this post was submitted on 22 Jul 2023
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Technology
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In a perfect world maybe it would work that way, but I’ve seen too much enshittifaction via vertical integration or ego driven CEObros to have anything but skepticism for industry regulation, self-regulation in particular.
And we've seen too much industry manipulation in government too.
But the big companies turning their platforms into absolute crap isn't actually a problem for the industry. Other players will rise up (such as lemmy, kbin, mastodon, and other non activity pub sites) and make good platforms.
Yes, any capitalist system that relies on "self regulation", basically the honour system, is a fantasy at this point.