3 ms·
It's simultaneously true that big tech is too big (and set to get far bigger yet) and there is no scenario where you can escape being under the influence/impact
by adventured 5y ago
It's simultaneously true that big tech is too big (and set to get far bigger yet) and there is no scenario where you can escape being under the influence/impact of platform owners.
Want to advertise? You had to go through radio stations with license monopolies. Or maybe you had to go through a newspaper, historically there were usually one or two that thrived per city, and usually one dominant super paper in a given city (2-3 times larger than its smaller competitor). Or maybe you had to go through one of the few big broadcast networks (ABC, CBS, NBC, Fox). Just a few behemoths dominanted television.
Want to transport goods? Say hello to the railroad oligopoly, going back more than a century now.
Maybe you needed a lot of vehicles for your business, circa the 1950-1970s. Say hello to the GM and Ford oligopoly, your dependency.
Maybe you wanted to buy airplanes, it's 1971 and you're starting a version of Fedex. How many choices do you have? How many suppliers are there in terms of dependency?
You want to get something on a store shelf across the country? Let me introduce you to Sears, Pennys, Kmart, Woolworth, WT Grant, Genesco, Allied, McCrory's, May. That's 50 years ago, they owned retail.
The new boss, same as the old boss (today some of them are even bigger, that much is true). You can't escape it. Unless you own all the platforms, you will always have to go through other platforms, other gate keepers. The best you can hope for is to intelligently diversify your risk exposure, so it takes more than one of them to cripple you.
- cblconfederate 5y ago> maybe you had to go through a newspaper, historically there were usually one or two that thrived per city, and usually one dominant super paper what you 're describing is NOT a monopoly, because the winners were local, physical separation prevented monopolization, and crucially there was more than one dominant player. There is a whole new world on the internet where for every verb there is one, single monopoly for the entire world. In the end , one can look at the money flow: How many people were employed in newspapers vs how many people are in googleplex
- amadeuspagel 5y ago> Want to transport goods? Say hello to the railroad oligopoly, going back more than a century now. And regulated as a common carrier[1]. [1]: https://en.wikipedia.org/wiki/Common_carrier https://en.wikipedia.org/wiki/Common_carrier