"By now," writes Mike Masnick, "you've almost certainly heard the news that Meta has settled with 52 state and local Attorneys General who had sued the company in some form or another over child safety on Meta's platforms." Most coverage has focused on the money the company has agreed to pay and the restrictions it entails. But I prefer Masnick's interpretation: "Meta just cut a deal to put itself in charge of how social media works going forward. As Justin Maurer wrote on Bluesky, this is Meta taking a 'please regulate me Daddy' approach to the government, and getting exactly what it really has been asking for." Part of the settlement even requires them to try to convince other social media platforms to follow the same rules. I don't disagree with regulation, but I think regulations should be evidence-based, independently written, and avoid regulatory capture.
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