Don’t Fix Facebook. Replace It. by Tim Wu

After years of collecting way too much data, Facebook has finally been caught in the facilitation of one privacy debacle too many. When Mark Zuckerberg, the company’s chief executive, testifies before Congress, which he plans to do this month, lawmakers will no doubt ask how Facebook might restore the public’s trust and whether it might accept some measure of regulation. Yet in the big picture, these are the wrong questions to be asking.

The right question: What comes after Facebook? Yes, we have come to depend on social networks, but instead of accepting an inherently flawed Facebook monopoly, what we most need now is a new generation of social media platforms that are fundamentally different in their incentives and dedication to protecting user data. Barring a total overhaul of leadership and business model, Facebook will never be that platform.
https://www.nytimes.com/2018/04/03/opinion/facebook-fix-replace.html

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