4 ms·
It's incredibly reassuring to hear that he's this scared. Now we know we're getting somewhere. I'd recommend listening to the latest All-In podcast. Excellent
by rebelos 5y ago
It's incredibly reassuring to hear that he's this scared. Now we know we're getting somewhere.
I'd recommend listening to the latest All-In podcast. Excellent discussion about how antitrust regulations aren't flexible enough to combat what we're seeing today and don't capture the sum total of negative externalities the tech behemoths are inflicting on the market and on consumers. They need to be updated.
And the All-In crew, much to my glee, made a very obvious point I've been reflecting on a lot lately: internet-enabled companies are so effective at monopolization that Peter Thiel laid this out as the explicitly desired outcome in an NYT bestseller, even going to so far as offering a formula to build a monopoly. He also stated in no uncertain terms that the people running these companies would do everything possible to dodge the dreaded M word, for fairly self-evident reasons.