"As a country, we have almost entirely failed to regulate the tech industry. There are almost no meaningful checks on its size or influence, or even requirements to be responsible with its power, even though American consumers express their clear preferences to rein in tech companies all the time. There is simply no other way to look at millions of Instagram users — including the company’s own celebrity influencers — enthusiastically posting legalistic incantations for over a decade commanding Meta to stop doing things with their content. Fundamentally, they are all trying to renegotiate the Instagram terms of service, which everyone signed without reading. But as individuals, they have no real leverage with which to drag Mark Zuckerberg to the bargaining table."
"This is a pure market failure. Despite this sustained, dramatic expression of consumer demand, there have been no policy changes, and there are no meaningful competitors differentiated by privacy. The industry has learned from this and imposed an ever more extractive set of platform policies with little meaningful consequence. Resetting all this is what the government is for — a functional federal privacy law would effectively provide a baseline terms of service agreement with every platform that would protect us all, and then we could see how well it’s working and adjust."
https://www.theverge.com/24282022/kamala-harris-endorsement-presidential-election-2024