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Tech Monopolies Are the Reason the US Now Has a TikTok Problem

85 pointsby ohmyblockalmost 5 years ago

4 comments

A4ET8a8uTh0almost 5 years ago
Huh? I completely disagree with the premise of the article.<p>I will start by saying that monopolies are bad and we could do away with them. That said, current actions have little to do with their legal and market position, but rather geopolitical place US is in today.<p>There is a clear indication that US executive branch decided to go after China. And if history is an any kind of teacher, the rest of the government will eventually fall in line ( especially since it is hard to argue that China is a benevolent dictatorship ).<p>US does not have a TikTok problem, because of tech monopolies. Monopolies just may end up benefiting from US foreign policy.
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x87678ralmost 5 years ago
What exactly is the problem? AFAICS its just a potential problem - there is a social media platform that is not controlled by an American company. Now you know how the rest of the world feels.
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ohmyblockalmost 5 years ago
I find very interesting the fact that Facebook had no problem crushing Vine while massively selling Tiktok ads in exchange for potential business in China.
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luckylionalmost 5 years ago
&gt; But their history shows tech giants are structurally unable to defend American interests and should never be trusted with that task.<p>That sounds suspiciously like the tech giants are private enterprises in name (and profit) only, and are essentially part of the state, tasked with advancing the country&#x27;s&#x2F;state&#x27;s interests on the digital front. It&#x27;s rarely explicitly laid out by a proponent (who&#x27;s just disappointed that it allegedly didn&#x27;t work). It&#x27;s usually marxists criticizing it as stamocap while everyone else says that it&#x27;s completely baseless, private enterprises etc etc.