The End of the Beginning?
Having seen a couple of cycles of this where a new company gets very large and powerful in a poorly regulated area and abuse their power it seems like Suckerberg is heady to a nasty wake up call. There is a cycle to these things: Wild West Era then the Great Awakening followed by some form of regulation. The Wild West Era is ending as it always does. During the Great Awakening the public and politicians get an education of how badly they have been lied to. Regulations and laws will follow with their severity a reaction to the arrogance of the target. Suckerberg is too young to have really been through a couple of these cycles and his arrogant bravado rubs others the wrong way. This will make the regulatory regime harsh; probably harsher than necessary.
Biting the hand that feeds IT
