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I wonder if the same thing which happened to John D. Rockefeller's oil monopoly will happen to tech. Amazon and Google are becoming more like a technology hold
by bergerjac 8y ago
I wonder if the same thing which happened to John D. Rockefeller's oil monopoly will happen to tech.
Amazon and Google are becoming more like a technology holding/investment company (like Berkshire).
- csomar 8y agoI don't think the guys on Washington really understand the severity. Tech is still new and machine learning is doing wonders but not merging universes (as of yet).
- throwawaymath 8y agoWhat is the severity?
- zjaffee 8y agoI think something very different needs to happen. Commodity monopolies are different than platform monopolies. Additionally, I can't think of an example where any retail monopoly has been broken up. I am still unsure if breaking these companies up in a vertical way would actually result in any benefit to the public.
- njarboe 8y agoThe old AT&T I think would count as retail.
- reaperducer 8y agoIIRC, AT&T asked to be broken up so that it could get into the computer business.