Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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2 years, 8 months ago
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2 years, 8 months ago

an oligarchy of powerful technology executives

Applying this analysis shows that a number of common fears about blitzscaling are actually nonsystemic risks. For example, one common fear is that blitzscaling will produce an oligarchy of powerful technology executives with too much power over our government and our society. But even today, with t…

—p.285 Part VI: Responsible Blitzscaling (279) by Chris Yeh, Reid Hoffman
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2 years, 8 months ago

Airbnb can bring more tourism and diversity

Responsible blitzscaling matters because successful blitzscalers often reach a point where they are more than just a business; they actually affect the fabric of the society in which they operate. Social media like Facebook and Twitter have changed how we consume information and how we communicate.…

—p.283 Part VI: Responsible Blitzscaling (279) by Chris Yeh, Reid Hoffman
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2 years, 8 months ago

those consumers can simply buy Dell laptops

Skeptics might argue that the kind of scale that blitzscaling produces is inherently bad, and that society should simply prevent companies from growing too big. Testifying before Congress in 1911, future Supreme Court justice Louis Brandeis argued, “I think we are in a position, after the experienc…

—p.280 Part VI: Responsible Blitzscaling (279) by Chris Yeh, Reid Hoffman
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2 years, 8 months ago

for all the good that blitzscaling produces

In an ideal world, blitzscaling organizations would embody all the virtues that society might desire from its businesses—a diverse and inclusive workforce, a strong sense of responsibility to shareholders and stakeholders, an ample supply of well-paying jobs, and executives who serve as moral role …

—p.279 Part VI: Responsible Blitzscaling (279) by Chris Yeh, Reid Hoffman