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We very well informed person told me recently, that this is just big tech’s reaction to not wanting to be regulated. IE: They are self regulating, in order to not be accused of spreading miss-information. The result is a heavy handed, algorithmic approach to censor anything that could be considered problematic, and the actual humans doing the processing of this data are low paid, uninformed workers.
This explanation, while problematic given what is at stake, makes more sense to me than all of big tech are in some type of coordinated conspiracy.