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I think he's making a good point here about the effect of a Facebook monopoly on the rest of the ecosystem. Facebook stifling other social networks is the leas
by pascalxus 9y ago
I think he's making a good point here about the effect of a Facebook monopoly on the rest of the ecosystem. Facebook stifling other social networks is the least of our worries. The effect on the advertising ecosystem is enormous! and Affects nearly every other internet company in the world that needs to acquire users! In this regard, so far Facebook as enabled countless businesses to exist with it's high value advertisement platform, but this could change as their monopolistic powers increase.
- bigbugbag 9y agoI remember reading a piece on how facebook influence on online advertising had a very significant potential for causing a collapse of the online advertising business model by both driving prices down and pulling advertisers away from other websites, but also by exposing the fact that online advertising is mostly hype and fraud eventually causing the online advertising bubble to burst.