`Who's Afraid of Facebook?'

The video discusses Facebook's global influence, market dominance, and the challenges of regulating such a powerful entity. It explores the lack of alternatives to Facebook and the potential solutions, such as data portability, to foster competition. The concept of creative destruction in the tech industry is examined, highlighting Facebook's ability to maintain its position through network effects and strategic acquisitions.

What is a major concern for lawmakers regarding Facebook's influence?

• Its lack of user engagement

• Its outdated technology

• Its ability to sway public opinion

• Its limited global reach

Which solution does the speaker prefer to address Facebook's market dominance?

• Breaking down Facebook

• Increasing Facebook's market share

• Regulating Facebook's content

• Enhancing data portability

What is a significant barrier to new competitors challenging Facebook?

• Lack of innovation in the tech industry

• Facebook's entrenched market position

• High costs of starting a social network

• Limited interest in social media

How does Facebook handle potential threats from other social networks?

• By competing aggressively

• By acquiring them

• By collaborating with them

• By ignoring them

What concept suggests that even dominant companies can be disrupted over time?

• Creative destruction

• Network externalities

• Market saturation

• Regulatory intervention