The Social Utility
If
you study economic cycles, you can watch the evolution of a disruptive
technology throughout its lifecycle, from a specific product to a competitive
industry. The last phase in the evolutionary chain is the formation of a
utility.
Used as Intended
The recent interference in
the U.S. election, which all the American intelligence agencies have confirmed,
is a proof point that social media is now a utility and needs some form of
regulation. Regulation is a thorny issue wrapped in individual freedom -- but
it is also a logical way out of an impasse.
Popular social sites -- including
Facebook, Twitter and Airbnb -- provide tools that enable users to find and
segment.
When
Russia manipulates elections via Facebook, or when ISIS recruits followers on
Twitter, or when racist landlords deny rentals to blacks and then offer them to
whites through Airbnb, commentators and companies describe those activities as
"manipulation" or "abuse" of today's ubiquitous websites
and apps.
Light-Touch Regulation
Regulation comes down to access for any
person or entity with a beneficial and productive need for the utility's
services. In the electricity markets, this means stable pricing for all and a
commitment to serve as a common carrier.
In broadcast industries
(radio and TV), slices of electromagnetic spectrum play the role of roads that
the broadcasters use through grants (licenses) from the people.
Social media use to
professional status seems a logical thing to do. Establishing a certification
or licensing process, plus capturing a user's license number when accessing
some of social media's higher functions, would establish an uncomplicated way
of keeping bad actors out of the networks, or at least making them traceable.
In case you are wondering, this is the basic process of getting a building
permit.
But We trying to reach millions of people
on a social network is functionally like climbing a utility pole and messing
with the wires.



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