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All systems seem to converge to these monopolies. Google, X, Facebook, Cloudflare. All minor player are absorbed or eliminated.
by 77pt77 1y ago
All systems seem to converge to these monopolies.
Google, X, Facebook, Cloudflare.
All minor player are absorbed or eliminated.
- afiori 1y agoI agree that oligopolies are more stable than polyopolies, but a huge part of why the internet collapsed in a handful of companies is how stock markets and venture capital love monopolies.
- shermantanktop 1y agoThis is what happens when everyone is incented to trade low-probability risk for short-term profits. Because who would bet that a giant CDN would be blocked like this?
- okanat 1y agoIt is the result of lack of regulation. They are all allowed to buy their competition.
- yoyohello13 1y agoI think we are partially to blame for this too though. For the last 10-20 years the whole goal of a founder was to grow a business, get acquired then exit. If founders instead focused on building a sustainable business maybe we would have a more diverse tech landscape.
- j_maffe 1y agoTo be fair, even the ones that don't want to get acquired know the bitter road ahead from the opposition aggression.
- SoftTalker 1y agoNobody would fund a founder who wanted to build a sustainable business. It would have to be bootstrapped, and there are a lot of such businesses, but you never hear about them because they stay small.
- __loam 1y agoX is a minor player. Replace it with AWS
- 77pt77 1y agoI meant for what it does. Is there anything even remotely comparable to twitter (outside of the PRC)?
- brookst 1y agoClassic economies of scale. It’s a lot more efficient for one company to make one million services of lemonade than it is for one million people to make one serving each. Even if the homemade version is “better”.