10 ms·
It makes a lot of sense. The anti-competitive dynamics of these big tech companies is obvious to everyone now. It's time to reconsider how these big tech compan
by cryptica 6y ago
It makes a lot of sense. The anti-competitive dynamics of these big tech companies is obvious to everyone now. It's time to reconsider how these big tech companies relate to capitalism so that the rest of us can shift our focus back to value creation instead of rent-seeking.
If you allow these big tech companies to leverage their attention oligopoly to profit from rent-seeking, they're going to become hotspots of economic parasitism and this will subvert all the incentives which capitalism relies on to function properly.