The reality is that the reason Facebook fails to be a wise steward to 2B+ peoples' lives is that no one is qualified to be the steward of 2B+ peoples' lives (see also: why Google isn't qualified to be the single authoritative source of answers to every query, and why Apple isn't qualified to decide which software everyone who owns its products get to use).
Rather insightful post by Cory. We're running fast into the realm of having to build an entirely new network to host our stuff vs the network where Facebook and a handful of other companies host and peddle their stuff. Shoulnd't it, at least, be the other way around?