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Unfortunately, Monopolies are profitable and we do not yet have the policy/law/political will/experience/all-of-the-above to prevent them for technology-at-scal
by pkilgore 6y ago
Unfortunately, Monopolies are profitable and we do not yet have the policy/law/political will/experience/all-of-the-above to prevent them for technology-at-scale.
Been reading "Goliath" lately by Matt Stoller -- there are some crazy similarities between monopolization in the early 1900s and now.
- tim333 6y agoMaybe natural monopolies like Google or Facebook. I'm not sure if any of the VC trying to buy a monopoly efforts have worked that well? I mean Facebook took investor money but probably would have done fine without it.