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Do you consider Google to be responsible for "winner take all" dynamics? I also think they have contributed to it, but my intuition says this dynamics would hav
by kukkeliskuu 3y ago
Do you consider Google to be responsible for "winner take all" dynamics? I also think they have contributed to it, but my intuition says this dynamics would have happened even without Google. Before Google, there were other dominant search engines and portals.
- hn_throwaway_99 3y agoYes, to be clear, I don't blame Google specifically, and I agree the Internet would have created this dynamic regardless. But, for one specific example, Google vacuumed up a huge amount of advertising dollars that used to support local journalism and advertising jobs. The death of local journalism has been written about many, many times, so no need to rehash that. I'm also not saying Google is "evil" for being a better advertising platform than local classifieds, but I'm just saying a natural consequence of this tech change is more concentration of wealth (small number of high paid Google employees but way less middle class newspaper and support jobs).