2 ms·
>> a company that tried this would watch its stock price fall into the toilet.. But absent that, why not? lol >> Consolidation is what will bring us to a corp
by dalbasal 6y ago
>> a company that tried this would watch its stock price fall into the toilet.. But absent that, why not?
lol
>> Consolidation is what will bring us to a corporate-run dystopia. I would much rather the world be filled mostly with small and medium sized businesses...
The alternative to that is trust busting, perhaps. I was commenting on the market logic, so to speak. If we're optimistic, maybe it'll be a corporate-run utopia. Zuck's not great, but I think this generation is kinder than the Carnegie/Rockefeller days.
Look... if Bezos, Zuck, and such continue on trend, they'll soon be very rich. Bigger than the Rockefeller. Their companies will be one par with the VOC/EIC in terms of market cap, but I don't know if it's really comparable to that.
Google/FB are sketchy, if trust-busting comes into play. Advertising is sensitive to both regulation and trustbusting. A ban on snooping, manipulation and overly vigorous advertising would hurt advertising. Trust-busting, like separating adwords from google, hurts advertising monopolies too.
Meanwhile, what happens if a regulator messes up and breaks FB? Would the world lack for social messaging media? If Ford stops making cars, fewer cars are made in the world. If fewer FB likes happen, more sploosh sploshes happen and all is well in the world...
More likely though, no help is coming. That being the case, I think the tech bros aren't the worst candidates for trillionaire status. Someone had to be it. I'm glad it isn't the real estate bros.