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FB is no different or better than big oil or big telco. Hopefully the people who work there begin to realize the damage they are doing to this country.
by matchbok 6y ago
FB is no different or better than big oil or big telco. Hopefully the people who work there begin to realize the damage they are doing to this country.
- TylerE 6y agoStrongly disagree that it's no differnet. Oil and telco doesn't have network effects. It doesn't matter if your friend fuels his car with Citgo or BP.
- dredmorbius 6y agoOil's network effects are largely on the production and distribution side. Rockefeller bought out refineries and negotiated railroad rebates ... on both his own and competitors' shipments (the latter paid to him, not the competitors). Telephony very much has network effects, which played a key role in how AT&T built its monopoly (early 20th century). As do other "network corporations": railroads, commodity trusts, wholesale and retail, banking, information services, higher education.
- bopbeepboop 6y agoTelco has network effects, we just mandated interoperability to neutralize them. The same lessons would work on social media: I should be able to choose what site I view a post to FB from my network from the same way I can choose what operator provides my phone service.
- tjpnz 6y ago>Hopefully the people who work there begin to realize the damage they are doing to this country. They might not realise it now but I suspect they would should they leave. I for one would feel very uncomfortable working with someone who's ex-Facebook and I don't think I'm alone in that regard. FWIW the damage Facebook's caused goes far beyond the United States.
- Karsteski 6y agoWhich country is this country?