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Hello Slow Ban my old friend. For growth technology firms that is true - I remember his debate with Eric Schmidt - he was really arguing being a technology fir
by banmeagaindan2 7y ago
Hello Slow Ban my old friend.
For growth technology firms that is true - I remember his debate with Eric Schmidt - he was really arguing being a technology firm should be a temporary award contingent on how the firm behaves instead of a title. Technologies mature into infrastructure and stop being thought of as technologies.
This is part of his thesis that technology companies should be monopoly companies - and that the regulator should treat companies like Google as monopolies but the companies producing new value should be classified as different and given a honeymoon period.
His pointing at a technology rust belt is evocative evidence for the position.
- cma 7y agoIt could be hard for Google to weather a downturn without cash reserves. Ad revenue could dry up substantially.
- dodobirdlord 7y agoIt would have to be quite a downturn to be a real threat. They would have to have revenue drop by more than their large profit margin and their access to debt markets.
- banmeagaindan2 7y agoI'm not saying they should not - I'm saying they have been slowly becoming infrastructure and a regulator should delay antitrust if they are building up more infrastructure for future technology - Rodney Brooks has been saying there needs to be improvements in the road networks for self driving to be sped up. Ctrl-F "raised pavement markers" http://rodneybrooks.com/agi-has-been-delayed/ http://rodneybrooks.com/agi-has-been-delayed/ I don't know if I'm right about those - but I am saying the technology giants are not putting their money where their mouth is.