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So many comments advocating for centralized tightly controlled technology. Capitalism and freedom are truly dead in the name of small short-term conveniences.
by Frieren 2y ago
So many comments advocating for centralized tightly controlled technology.
Capitalism and freedom are truly dead in the name of small short-term conveniences. Or, most probably, invested interest in increasing share value for big-tech.
If the USA decides that monopolies are the only way it is going to lose the tech race. The death of AT&T created some chaos but a lot of opportunities for technological and business advancement.
Breaking all monopolies is the only way forward for a healthy competitive economy. Big share value gains just show that the system is not working. That there is no competition, no choice, just a rent-seeking economy that reduces value at the cost of everybody.