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It has always been like that. Thinking this is new or trending is a really naive point of view. The business world is unethical, immoral, frequently borders on
by pryelluw 10y ago
It has always been like that. Thinking this is new or trending is a really naive point of view. The business world is unethical, immoral, frequently borders on the illegal, and hardly ever does the right thing. If you think any of the tech companies are any different then you drank the kool aid.
They are not too big to fail. The bubble we are in makes it seem that way. Cheap money makes valuations soar. Won't last much longer though. A good thing because thats when you can really make some money.
- cmahler7 10y agoI don't think it has. Tech has allowed for massive consolidation not possible in the past, in almost every industry. Media is now controlled by a handful of global corporations rather than independent outlets Tech is the same, Amazon will soon control everything from ocean freight to last mile delivery. Google and Facebook have similar reach as well as the ability to influence billions. If something isn't done I think we're going to see Weylan-Yutani level super-corporations that are effectively more powerful than governments.