The short version

Chamath Palihapitiya predicted on June 17, 2020: “Are they going to get broken up? Yes. Will every single government go after them? Absolutely. First, they’ll [be] taxed to death, then they’ll get trust-busted. On the margin, over the next 10 years… regulators will get their way. The pendulum will swing for [Facebook] to be more sort of Middle America, the…

Prediction by

Chamath Palihapitiya

On June 17, 2020

“Are they going to get broken up? Yes. Will every single government go after them? Absolutely. First, they’ll [be] taxed to death, then they’ll get trust-busted. On the margin, over the next 10 years… regulators will get their way. The pendulum will swing for [Facebook] to be more sort of Middle America, the sort of ‘Fox News’ of social media, as Twitter meanwhile swings to the coastal cities in the United States.”

Follow-up

Regulatory pressure and social media polarization are directionally correct. No major breakups or 'taxed to death' by 2026. Prediction is for 'next 10 years', so final judgment pending.

From the High Caliber AI network — see the AI for PR module in the course.