The point that HN libertarians miss is that the whole point of social networks is that they benefit from network effects. This is what makes them profitable. But it’s also what makes it necessary to subject them to democratic accountability and makes them a legitimate target of public policy.

If my teenagers entire peer groups spends 90% of their waking life on addictive social networks and a ‘normal’ social life is impossible without it then the parent is faced with a Hobsons choice. It’s easy enough to band my 10 year old from social networks. It’s much more complex doing that to 14 year olds and potentially does have negative effects for them unless their friends are similarly limited. This is why we need regulation.