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I suppose I see consolidation which is a function of the mechanics of the market as a good reason for nationalization and consolidation which isn't as a good re
by frgtpsswrdlame 9y ago
I suppose I see consolidation which is a function of the mechanics of the market as a good reason for nationalization and consolidation which isn't as a good reason for antitrust. So maybe Facebook/Google should be nationalized? I think the real test of that though is to break them up and see whether consolidation reoccurs. I'd love to have lots of competing Googles and I prefer that world to the one with a nationalized Google but I prefer either of those scenarios to having just one private and unaccountable Google.
- dustingetz 9y agomaybe! i don't see how it's possible to have two competing world wide webs, or two competing facebooks. The fact that there's only one of them is why they are valuable. It's interesting that facebook wants to be the world wide web, and if they pull that off, they'll have just eaten the one network and merged it into theirs. Its as if the only way to compete with a network is to swallow it up by a bigger, more powerful network. Iterate that over 20 or 50 years. We're in trouble :(
- ForHackernews 9y agoThe difference between Facebook and the web is that Facebook is a monolithic service run by one company and the web is a set of open protocols that can be implemented by anyone who cares to do so. It's easy to imagine a world where social media worked the way email already does: you'd pick your own provider, and they would interoperate with other providers through standardized protocols. You can have one network that isn't run by one entity.