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We do get some verity as a consequence of the long tail. Even though it's not totally independent, people do make a living on e.g. YouTube. While we can say tha
by gozo 11y ago
We do get some verity as a consequence of the long tail. Even though it's not totally independent, people do make a living on e.g. YouTube. While we can say that people have been naive and that fears over things like Microsoft's monopoly in hindsight seem fairly "cute", there's also a long history of dystopian science fiction predicting less romantic futures. Often including megacorporations.
I guess one of the benefits for VCs funding young people straight out of school is how quickly they can make them accept the new normal. It's not even (only) Amazon versus mom and pop shop, it's Amazon vs eBay. It almost seems like the idea of the (unbiased) platform will be a footnote in history at this point.
I don't know if the enabling of greater economies of scale in itself is bad. Instead it's the extreme potential for anti-competitive behavior. I have no idea how to realistically stop the first one from leading to the later one though.