The Social Reckoning That Wasn't
Summary
Patrick Boyle analyzes Meta's $18 billion settlement with 52 state attorneys general, arguing it functions as a regulatory sales tool that forces competitors like TikTok to adopt similar safety standards while sparing Meta's core revenue streams. He highlights how the deal's loophakes, such as excluding messaging and long-form video, protect Meta's business model while penalizing rivals. Boyle also details internal evidence of harm to teens and Meta's strategy of buying legal predictability to avoid a potentially devastating trial, concluding that the settlement ultimately prioritizes corpo…
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