Close down FB. Why? Because they provide a platform to all ideas, noble, vile and in between. But we want to democratize the internet and give people a voice (but only those voices we at the moment approve of). But big media wants preeminence and don’t want to be usurped by diffused news sources. Who’ll establish lockstep narratives?
FB should become a platform. I don’t see it working as an impartial moderator of what’s right. I don’t see it working ala Wikipedia federation. The only way I see it working is devolving moderation to groups similar to Reddit or Flickr. Also have basic enforcement of local national laws (depending where the group is from) so if you’re from Russia but venture into s US group, don’t complain and vice versa.