Good questions! A United States where all of our public policy is not controlled by a couple dozen billionaires who are trying to increase their personal high score is so different it's hard to know how things would shake out. As an example, perhaps in this alternate world, enough of Facebook would be owned by non-billionaires that they could direct the company to change how it presents news and sells ads such that it would make an ad-based business model viable. Who knows! What we do know is the current system did lead to newspaper collapse. We know the current system does not work. Let's try something else.
Good questions! A United States where all of our public policy is not controlled by a couple dozen billionaires who are trying to increase their personal high score is so different it's hard to know how things would shake out. As an example, perhaps in this alternate world, enough of Facebook would be owned by non-billionaires that they could direct the company to change how it presents news and sells ads such that it would make an ad-based business model viable. Who knows! What we do know is the current system did lead to newspaper collapse. We know the current system does not work. Let's try something else.