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Eh, I think the tools proposed by the Act are intended to get big social media to bear responsibility for doing something. The dumpster fire that is X will not survive the OSA in its current form, for example, and the riots we previously had would also be clear targets of this sort of thing. Think the law has its uses, but when you draft something so paradigm changing (the internet has to be policed!?) it is always going to have collateral damage as the finer points get worked out and we need to find a way to navigate that.
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Oh, nobody denies there's a problem, but I very strongly doubt that the large companies will really suffer from it, even X/Twitter. I think at best you'll get extremely long drawn-out court cases and obfuscation. We'll see. (I still think the only viable measure would be a general prohibition of such exploitative data-gathering sites, but obviously people addicted to them would disagree.)
Thanks, that's what I thought.
That really seems to be the nub of why it's a bad law.