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Isn't it a bit scary that the entire internet (and by association a huge chunk of the overall economy) is effectively beholden to a company that "doesn't owe an
by jiggy2011 13y ago
Isn't it a bit scary that the entire internet (and by association a huge chunk of the overall economy) is effectively beholden to a company that "doesn't owe anybody anything"?
I mean we wouldn't tolerate an energy supplier disconnected arbitrary supplies because they didn't feel like selling there any more.
- tomkarlo 13y agoIn the case of subsidized, "merchant" (free-market, privately financed) energy suppliers, they do in fact disconnect when they don't feel like selling. If you have a gas-powered merchant plant, and the spark spread isn't good, you turn it off until energy prices rise again. http://en.wikipedia.org/wiki/Spark_spread http://en.wikipedia.org/wiki/Spark_spread
- jiggy2011 13y agoYes, but I mean they don't just come and disconnect your premesis.
- Silhouette 13y agoIt is scary, in that you have a near-monopoly, operating in a market that affects almost everyone who goes on-line to some degree, without much regulation. Having said that, it's important to remember that without a site like Google, many of these small businesses wouldn't exist in the first place. For all the criticism, having a search engine that does a good if imperfect job is almost certainly a big net win for society. As long as that is the case, and as long as Google aren't actively/unreasonably harming anyone, I think we're a long way from saying they are dominant and dangerous enough to require statutory regulation, which would be the normal next step if an actual monopoly provider of an actually essential service was misbehaving.
- jiggy2011 13y agoNot sure how many wouldn't exist, many were doing mail order back in the day. But now they are forced online if they want to remain in the game.