2 ms·
Antitrusts haven't been good in 10-20 year timeline but on more longer term may be overall good for society. In short term it stifles and extinguishes the innov
by sytelus 6y ago
Antitrusts haven't been good in 10-20 year timeline but on more longer term may be overall good for society. In short term it stifles and extinguishes the innovation contrary to belief. Classic case is Ma Bell which ended Bell Labs. Big giants like these make huge amount of money but they also fund things like Bell Labs (in Google's case DeepMind/Google Brain/Google X etc). Once this collapse, usually it takes decade or two before these massive innovation pipelines gets built up again.