No, I don’t think that can work. These markets tend toward monopoly. They’re easy to capture because you get tremendous network effects, which basically means that whoever is bigger gets the whole game, because all the users have tremendous incentives to go to the largest network. All the smaller n…
Exactly. It is a long-term phenomenon but surveillance digital technologies have enhanced its power by orders of magnitude. So in 2012, Obama did wonders with this approach in galvanizing his supporters and shaking them down for contributions. It only took another election cycle for these technolog…
[...] these companies then undertake this very close surveillance, which then becomes available to the highest bidder for commercial purposes.
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[...] alongside this centralization of control there is also the fact that journalism itself is dying. The internet hasn’t caused its death, but…
The great Internet monopolies of Amazon, Apple, Facebook, Google (Alphabet), and Microsoft are different. They are global firms and do not depend upon government licenses for the market power. At the same time, they have extremely close relations with the US government and much of their work relies…