2 ms·
Techno-supremacy is based on economies of scale and monopolies. It stands to reason a few massive players would emerge and they would have a lot of power. They
by charlie0 3y ago
Techno-supremacy is based on economies of scale and monopolies. It stands to reason a few massive players would emerge and they would have a lot of power. They can not only buy out the politicians, but do so in such a fashion that no one else could even come close to competing with them. Also, we have to factor in many of smartest people on the planet work for these tech-companies and they would figure out a way to dominate in one way or another.
- Paul-Craft 3y agoBut, that's just capitalism. The "tech" part has little or nothing to do with it, unless you're taking a very broad definition of the word "technology." That's just what happens when someone gains an infinitesimal advantage and is able to hold onto it in an environment of exponential growth. See also: https://en.wikipedia.org/wiki/Gilded_Age https://en.wikipedia.org/wiki/Gilded_Age
- PorterBHall 3y agoPerhaps the techno part of it is the increased speed at which organizations can grow and the widening gulf between them and government’s ability regulate a market.
- charlie0 3y agoOr push regulation when it benefits them.