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Part of it is these companies should be paying WAY MORE taxes back into the system. Having large tech companies IS a good thing because it basically leads to n
by mrlala 6y ago
Part of it is these companies should be paying WAY MORE taxes back into the system.
Having large tech companies IS a good thing because it basically leads to natural tech standards and advances things. I'll just stick with mobile area- we have iOS & Android. What if we didn't have ANY big tech companies and there were 10+ mobile OSs. Sound great for competition? Yeah I guess. But in reality, it would never have allowed mobile to take off. How do you put resources into developing an app when you have to make it work on 10+ OSs? All with their different quirks? It's hard enough with 2.
So I think there are a lot of advantages of a small number of large tech firms.. HOWEVER. When they are able to accumulate 100+ BILLION DOLLARS it can only be clear that they are NOT contributing back into the system to "pay" for their quasi-monopolies.
- cblconfederate 6y agoWe have 1 HTML and 1 CSS standard, despite dozens of browsers. In fact we have more fractiousness in the mobile space than in the web.
- wazoox 6y agoIn all cases monopolies are bad. If you see it from a socialist POV, a monopoly should only be public and democratically controlled; if you look at it from the capitalist/libertarian side, any actor who can manipulates a market by itself prevents this market from working, stifles competition and should be broken up. If there was a public, open standard such as Android (without google apps), many makers from around the globe could compete by shipping their hardware and a variety of software options. It happens only partially because of Google heavy hand, but it would work perfectly well without google (as it does in India and China).
- whimsicalism 6y agoLarge tech companies/the oligopoly we have now erodes standards because there are vendors with significant enough market power that they can make break-away standards, hurting the overall effort.