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this post was submitted on 05 Apr 2024
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Same similiar thing happened with major newspapers about 100 / 150 years ago ... governments realized that if any one group or company had control over all the information without regulation, businesses will quickly figure out ways to monetize information for the benefit of those with all the money and power. They then had to figure out how to start regulating newspapers and news media in order to maintain some sort of control and sanity to the entire system.
But like the newspapers of old .... no one will do anything about all this until it causes a major crisis or causes a terrible event ... or events.
In the meantime ... big corporations controlling 99% of all media and news information will stay unregulated or regulated as little as possible until terrible things happen and society breaks down.