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As far as centralized companies go Google is one of the better ones. It's unfortunate that so much power accrues to only a few entities. But slamming Google is
by kajecounterhack 9y ago
As far as centralized companies go Google is one of the better ones. It's unfortunate that so much power accrues to only a few entities. But slamming Google is like slamming a side effect of a bigger problem: many markets are naturally winner takes all and vertical integration confers enormous benefits.
I don't see much of a way around this but many feel stronger regulations to protect consumer data should be enacted to safeguard us against bad private actors. Saying "I'll use something else" isn't always a viable solution.
- rhizome 9y agoAs far as centralized companies go Google is one of the better ones. Gonna have to ask you to define your terms here, pal.
- kajecounterhack 9y agoSorry. I meant to express that Google represents a company that has been successful at centralizing a lot of data, wealth, and engineering ability. Others include Apple, Amazon, Facebook, etc.
- zzzcpan 9y ago> many markets are naturally winner takes all I don't think this is true. "Winner takes all" is a predatory behavior and it is only possible with enormous concentration of wealth. Otherwise markets become full of small players and fair competition.
- deong 9y agoSome markets do. There are many examples of markets that don't -- enough that there's a recognized term for it ("Natural Monopoly"). I would argue that the level of knowledge, talent, and engineering and scientific resources required to do what Google does forms a pretty effective natural barrier to a bunch of small players being able to compete.