I find the disagreement between Cohn and Stewart towards the end to be fascinating. I find it hard to agree or disagree with either. Cohn is looking out for places like the Fediverse - she knows that if the platforms are subjected to regulation that is impossible to live up to for small actors, this will only serve the capitalists. In the US the law would for sure end up serving this purpose because it would be designed by the billionaires themselves, and they would design them in a way that monopolizes the internet even more as they discuss earlier on.
On the other hand, Stewarts is also right. An Instagram feed is not free speech, it's brain rot and propaganda and ruins society and lives. It needs to be regulated. Just letting then go on as they are while promoting alternatives misses the mark as to the threat posed by these platforms. Cohn seems to have a blind spot here.
I think the EU has reached a reasonable compromise. They regulate very large online platforms - platforms with more than 45 million users in the EU - separately from smaller platforms. So your obligations increase with your number of users. Furthermore, EU regulation has exceptions for open source not-for-profit development, to avoid regulation aimed at big tech from hurting free software.
Interesting enough I keep seeing people on the Fediverse attacking the Digital Services Act as though it's gonna mean the end of the Fediverse, even though the Commission is actively posting about it on their own Mastodon instance and the EU is actively supporting the development of the Fediverse through NLnet. It seems to me that even in these spaces people fall for big tech propaganda.

