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I watched this excellent speech today, though it was made in 2019:

https://ar.al/2019/11/29/the-future-of-internet-regulation-at-the-european-parliament/

In it, @aral makes the case in favour of smaller, more federated communication infrastructure within Europe, making use of p2p protocols like ActivityPub (which mastodon uses). He's talking to representatives within the EU parliament, on the issue of how best to fund investment in communication technology, warning against funding companies like FaceBook.

The points he makes there are still true in 2024.