Facebook was one of the main tools that allowed trump to win. That is some value right there. How much money would a government or a company spend to control people? That is kind of what facebook is allowing people to do.
Surely both radio and TV have been used for the same purpose. I think the Internet, and in particular Facebook, is very different for at least a couple of big reasons.
1. Much more precise user targeting
2. Direct feedback on effectiveness (did the user click-through or even just linger looking at the content?)
TV and radio seem like very crude tools in comparison.
Yes it is company that is larger, more influential, and more relevant than the entire industries of TV or Radio and even print/online journalism at large.
The implications and consequences of the consolidation of this power and influence into one company is a different discussion entirely (and an important one).
American people allowed Trump to win. Its a democracy and there is no government media control, so American people had access to all the information they wanted and they made an active choice.
What? But when social media companies help the other guy win (Obama for an example), it's not a problem? Your president is a fool but by the look of it, you deserve exactly that kind of leader.