3 ms·
I've noticed these big tech companies use the word "democratize" when they do something that looks more like commoditizing. Flooding a market with supply consol
by Intralexical 2mo ago
I've noticed these big tech companies use the word "democratize" when they do something that looks more like commoditizing. Flooding a market with supply consolidates their own power, by suppressing other economic actors' bargaining power and making quality controls uncompetitive.
- j45 2mo agoFlooding the market with supply while quality might not be the same is a real risk.