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Updated through the day. Every headline links straight to the source. The two lines underneath are ours.
This is a specific tactic for content moderation: bake policy into model weights at init time rather than controlling at inference. It works and is low-latency. The applicability depends entirely on whether your policy is stable and whether you have the annotation infrastructure to ground it. Mainly useful for platforms with mature policy infrastructure.
The settlement works because it splits the difference: Meta gets certainty, regulators get leverage, and users get some friction. But Stratechery's larger point is that any regulation designed for content misses the real problem, which is structural. If you're building products that touch moderation, assume the legal ground keeps shifting. This is a details game, not a principles game.