Regulating Facebook will be one of the greatest challenges in human history | Siva Vaidhyanathan

Countries will need a creative and bold approach to address the social media giant with the power and money to absorb meager fines.

Consider all the ways that governments are proposing to rein in Facebook. The gamut runs from regulatory fines to threats to dismantle the behemoth. Some of these measures are counter-productive. Some are poorly thought out. Some are necessary. All are insufficient.

Regulators are trying to address Facebook as if it’s like companies they have encountered before. But Facebook presents radically new challenges. It is unlike anything else in human history – with the possible exception of Google.

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from US news | The Guardian http://bit.ly/2J0CqRU