removing or changing section 230 would also allow lemmy instances to be sued or taken down as well, for the content posted by users. it would increase government surveillance and basically allow the american government to dictate content across the entire internet. no more freedom of speech, whistleblowers, organization of protests, etc.
this all sounds well and good "for the sake of the chillren" but its a trojan horse for government censorship.
the only people who would be able to afford the bill for what happens after this would be american social media companies. anything "independant" or emerging like the fediverse would get bot swarmed with "illegal content" and then immediately sued into oblivion and outright removed.
this ensures complete loyalty of the digital space to the whims of the american government.
it would also allow them to remove things like wikipedia, the way back machine, the internet archive, and sites holding or spreading things around like the epstein files or at least sites holding peoples opinions of them.