I would like to point out that regarding moderation, tech companies have been asking for guidelines and new laws for a decade now. Ageing lawmakers have been unable to provide them and we start to see shy initiatives from the EU regarding privacy laws but roughly most of the water in which tech companies operate are still no mans lands.
All that make me think that even tough you're right that the end result will not be democratic, I wouldn't throw them the stone and accuse them of acting in bad faith.
I would like to point out that regarding moderation, tech companies have been asking for guidelines and new laws for a decade now. Ageing lawmakers have been unable to provide them and we start to see shy initiatives from the EU regarding privacy laws but roughly most of the water in which tech companies operate are still no mans lands.
All that make me think that even tough you're right that the end result will not be democratic, I wouldn't throw them the stone and accuse them of acting in bad faith.