Facebook’s announcement it was launching a cryptocurrency freaked lots of people out. It’s not just about privacy. It’s not too far-fetched to say that firms like Facebook are almost becoming countries in their own right, as Molly Wood outlined for Wired.

While Facebook’s ambitions appear unsubtle (at least to me), the biggest tech companies are all building more and more advanced and immersive ecosystems. So maybe it’s time to start asking: What is the functional difference between a company and a country? It’s not a crazy question: We’re already at a point where huge multinational tech monopsonies have so much power over the global economy that central bankers and regulators are starting to wonder if they even have the tools to set economic policy, like they used to in the old days.

Facebook CEO Mark Zuckerberg said the social network could put deepfakes into a “completely different category.” His comments at the Aspen Ideas Festival came in the wake of altered video of House Speaker Nancy Pelosi, which was widely shared on Facebook. Axios had a good summary of all his comments.

Zuckerberg has been getting clobbered by politicians and the media for two years for everything from election manipulation to fake news unfolding on his platform. He knows the pummeling may only intensify with 2020 heating up. Zuckerberg also said Facebook is rethinking its handling of deepfake videos, and said it might make sense to treat them differently from other “false news,” as Facebook calls fake news. Zuckerberg said it’s worth asking whether deepfakes are a “completely different category,” and said developing a policy on these videos is “really important” as AI grows more sophisticated.