Social media companies post record earnings year after year from their ads business while increasingly proving to be harmful to society. They do the bare minimum in terms of content moderation and bots while priming the algorithms to maximize revenue. The good ol' privatized profits, socialized harm model.
In a just world, would social media platforms be taxed higher on corporate revenue and how would that pan out? Maybe we'll be left with small federated platforms without algorithms and ads.
In a just world, would social media platforms be taxed higher on corporate revenue and how would that pan out? Maybe we'll be left with small federated platforms without algorithms and ads.