Prior to the election, lawmakers on both sides of the aisle were already demanding that social media platforms be regulated more closely. As a candidate, President Joe Biden said he would like to see Section 230 of the Communications Decency Act repealed, though he has given no indication he will make doing so a priority. (...) The day after Section 230 is repealed or reduced is likely to be chaotic. Users and platforms will confront uncertainty about what is permissible, and both sides are likely to test those boundaries, for both must-carry and must-remove questions around content. In time, though, disputes will be resolved, and the online information ecosystem will probably adapt to the statutory change—at least, the larger platforms will. We may, though, lose the next Twitter to the added costs that a repeal would inevitably entail. New platforms may not be able to afford systems that screen material, making it harder for them to gain fund...
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