The Internet Monopoly

Via Scoop.itdigital culture

With billions of people now using social networks and social media it is clear that these services are benefiting societies and economies around the world. However, now that more and more people are becoming familiar with them and beginning to understand how they work, concerns are being raised about privacy and governance. We have no doubt that unless permission-based concepts are introduced heavy-handed regulation will be implemented, and that will seriously affect the whole concept of the internet.
This could be a disaster for the internet as we know it.
We can foresee a technical solution to the privacy problem. However we fear that this will take too long to achieve, and in the meantime a number of horror stories will emerge that will prompt governments to take heavy-handed action. At this point this is avoidable, but unfortunately there are no signs that the social network companies are prepared to take a lead.