> No, what happened is that the publishing industry lost their monopoly. They could no longer extract monopoly rents from advertisers. Publishing was not a mon

> No, what happened is that the publishing industry lost their monopoly. They could no longer extract monopoly rents from advertisers. Publishing was not a monopoly. Google/FB are a duopoly. If publishers capture rent from advertisers, they plow it back into content, aka the thing consumers actually want. If Google/FB capture rent, they don’t provide a living wage to content creators and plow the money into buying other startups and whatever “metaverse” is.