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Even if they'll get stiff competition, facebook/google et al can also simply buy the promising upstarts with the mountain of cash they (still) have. Like they h
by ido 4y ago
Even if they'll get stiff competition, facebook/google et al can also simply buy the promising upstarts with the mountain of cash they (still) have. Like they have been doing for many years now.
- db1234 4y agoJust like cash rich giants of the 90s and early 2000s couldn't buy Google and FB, there will emerge some startups which will resist the pressure from the Big Tech and beat them eventually. There will also be cases where the Big Tech will be shortsighted and refuse offers from the startups just like it happened earlier. History repeats.
- UncleMeat 4y agoI'm not sure that this is possible anymore, given the regulatory context. At least in the US, "big tech bad" is a somewhat popular observation on both the left and right, though for different reasons. I'm not sure that something like Facebook purchasing Instagram would fly today.