@matthewstoller Like his position to support small businesses instead of monopolies. But how? For example, Venture investors invest in “small business”. But they invest in scale - which means flawed products for free. How about incentivizing investment in small businesses people will pay for.
@matthewstoller There used to be limitations on media ownership too to maintain diversity in point if view AND no one could afford to buy all the press, assuring freedom of the press. Today, media is controlled by a few owners - Bezos, Zuckerberg, and the Finance industry who protect them.
@ClintMicheau@mtaibbi But in those days advertisers actually cared about the context where they ran ads. When I was in advertising companies refused to run ads in National Enquirer which attracted readers with rumors and misleading headlines. Now all journalism is like that.
@mtaibbi Why the change? I suspect the media cos. monetize journalists’ social media traffic. The evidence is how much Rachel Maddow, for example, is paid relative to her broadcast ratings - totally out of proportion. On social media journalists can get away with anything.
With legacy media ratings as low as they are, source of revenue cannot be ads, exclusively, they must be paid “spin” on air and in social media. Why aren’t they required to disclose when they are paid to spin or paid for social media reaction?
Thank you @cagoldberglaw for your work and educating Congress regarding the risk of the CSPA to protect internet companies from parents of children whohave been lost or severely damaged by child sex and drug traffickers who are enabled by internet companies who profit from them.
@ChrisMurphyCT The TIKTOK controversy should trigger two legislative actions to stimulate American entrepreneurship and investment to compete in the Social Media industry - 1) Prohibit Un-enforcement of Anti-Trust law and 2) Narrow the Scope of liability exemptions. https://t.co/x1HZ1oyRiJ
The TIKTOK controversy should trigger two legislative actions to stimulate American entrepreneurship and investment to compete in the Social Media industry - 1) Prohibit Un-enforcement of Anti-Trust law and 2) Narrow the Scope of liability exemptions https://t.co/xAWqYdh3pV