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The Real Monopolies Are Google and Facebook

4 pointsby jbyersover 8 years ago

2 comments

jbyersover 8 years ago
I don&#x27;t agree with the author&#x27;s argument. It&#x27;s an over-simplified view of the forces that have caused the Internet in general and Google&#x2F;Facebook specifically to grow to wield such enormous influence.<p>That said, this perception - that Silicon Valley is no longer a force of good and must be regulated - will come to dominate technology policy discussion for years to come. If Silicon Valley &quot;loses&quot; this debate, and is seen not as an engine of growth and a force of positive change across myriad industries, the impact will materially change this industry and the lives of those who read HN.<p>Some of the forces in the other direction: Large-scale investment (and hopefully wins) in life sciences, agriculture, transportation, infrastructure. Businesses that share their financial success more broadly. Empathy. Increasingly global or at least non-SV concentrated businesses. More diverse leadership. Less of an ego-centric view of the technology universe.
mattnewtonover 8 years ago
I am not disputing that those companies are monopolies by reasonable definitions. But they are not trying to merge with other companies right now to create new monopolies, so this is a false choice. We aren&#x27;t ignoring them to do this, the senate is doing their job by reviewing this merger. Let someone sue those companies like they did to Microsoft in the 90s.