Mark Zuckerberg's Social Reckoning
The Meta settlement will force meaningful changes on Facebook and Instagram, but it also highlights how public outrage is outmatched by the speed and scale of Big Tech. Benjamin Wallace-Wells examines the implications of the agreement and what it reveals about the limits of regulatory action in the digital age.
The Meta settlement will force meaningful changes on Facebook and Instagram.
- enahs-sf
- samename
What reckoning? The settlement benefits Meta immensely. They just got the go ahead to implement age-gating at a wide scale, which will make their ad platform even more lucrative after each account can be tied back to a real identifiable person. They've totally captured the regulatory system, and the media is applauding it.
- anukin
This settlement benefits meta immensely. Are the journalists reading the correct judgement?
The stock pretty much had a breakout when this news came out.
- dmix
The only outcome I see from the Meta ruling is all of the other platforms getting spooked by the huge payout and starting to preemptively add aggressive age-gating and ID checks on everything on the internet (regardless of local legislation).
- 1vuio0pswjnm7
HN commenters who suggest this settlement was a "win" for Meta are implying Meta stood to lose more by not settling
These commenters must believe Meta could not win at trial
The indication from the bellwethers is that plaintiffs can win, and Meta can be forced to settle
There are more cases coming down the pipe. When will it end
A "win" for Meta would be winning a bellwether, putting uncertainty and doubt in the minds of potential plaintiffs
That still has not happened (one case was dropped)
This is a long game that's only just started