Social media bans on teens risk strengthening Big Tech's grip, Bluesky exec warns

Bluesky's chief operating officer Rose Wang warns that government action to ban social media platforms could strengthen Big Tech's grip on the industry, limiting access for smaller players. Wang says this could lead to a world with only three to five platforms, with extreme regulation and massive compliance teams. Bluesky, an open-source platform, has struggled to maintain popularity and has around 40 employees. Wang supports regulation but wants protection for smaller players.