> acknowledging small communities curate the best content
Agreed. The problem is that Facebook and Google more or less successfully disintermediated those small communities of old, namely newspapers, magazines, websites based on region or interest which had a vested interest in their constituency. In doing so, the tech giants swallowed up the advertisement dollars going to those old media, and made a few people insanely rich while destroying the entire ecosystem.
Agreed. The problem is that Facebook and Google more or less successfully disintermediated those small communities of old, namely newspapers, magazines, websites based on region or interest which had a vested interest in their constituency. In doing so, the tech giants swallowed up the advertisement dollars going to those old media, and made a few people insanely rich while destroying the entire ecosystem.