Well intentioned, but never going to work. Social networks will always create financial incentives that have to be contended with. No network that can connect to “close” people, will always result in some nodes on the graph that connect to a “large portion of people”.
Always. This broadcast ability is then a path to financial renumeration, which will see the rise of copy cats and another arms race to gather attention from people on the network.
Fundamentally, information / clout / something is resistant to being distributed equitably on information networks, especially online networks.
Agreed. Our local instance of NextDoor, which is explicitly aimed at forming online social forums for geographically close users, forbids self-promotion of businesses in the general chats.
The admins regularly ignore this, because the users like seeing posts from "I'm a carpenter looking for work right now!".
So, even with a supposedly sequestered monetization area, it bleeds into everything.