The "Bulletin Board" Rule. The law treats websites like a physical corkboard. If someone pins a mean note on the board, you blame the person who wrote the note, not the person who owns the board.
It created Big Tech. Companies like YouTube or Instagram became worth trillions because they don't have to pay for the damage caused by bad videos or posts hosted on their servers.
It allows "Toxic Freedom." Because the sites aren't automatically responsible, they let a lot of bad stuff stay up. This means you are exposed to hate, lies, and bots that wouldn't survive in a regulated space.
The Fake Public Square. A few CEOs in California now decide who gets to speak to the world. They have the power of a government censor but the legal freedom of a private business owner.
The Publisher Paradox . Platforms claim to be neutral to avoid lawsuits, but they act like editors by using algorithms to chose exactly what you see and what gets hidden.