Fixing the Social Media Crisis
Azeem Azhar's Exponential View
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Is There a Monopoly?
The entry ticket to be able to solve the market failures that exist is to create competition in the social media economy, says Bit. "Economies that run on network effects tend towards market concentration," he adds. A bill pending before congress called the access act would force any social network greater than a hundred million users to become interoperable.
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