I'm one of those people who think eventually (probably before the November 2020 election) that all social media 'giants' will be put into a public utility situation, with oversight by Trump-appointed audit people.
It'll be argued by the Democrats and fought, but I think most Americans agree....it has reached the point of a utility operation.
So here's the curious thing....do you know of any utility that runs freely or untaxed? There are none. So somewhere in the midst of this transformation, either by government directive (to pay for the oversight) or by the media companies themselves....there's going to be some fee situation.
The odds that a Facebook account or Twitter account will cost you $4.99 per month? You might be lucky in the beginning, and this only amounts to a yearly cost of $15. Even government taxation might amount to $1 a month from each user. And if the federal guys could get that.....state folks ought to be able to drag 25-cents into their revenue pot as well.
But this brings up this curious idea....would a cost situation start to eliminate or limit users? What's the point where you say....'enough' and quit? $4.99 a month, $7.99 a month, or $9.99 a month?
Would you have juvenile ratings where kids under the age of sixteen can't see or hear anything unless it's stamped approved-for-juveniles? That's very possible.
Regulation that would eventually kill the industry? I could see over the next ten years....tons of regulation occurring, with fines being dumped on Facebook and Twitter....and eventually making the monthly fee upwards to $30.
So settle back and wait for this landscape to really morph overnight.
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