Quote:
Originally Posted by Joker
Hopefully fakebook and monopoly will be broken up and held to task. Maybe tweeker is next?
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My feelings on it are mixed.
Big tech monopolies MUST be brought to heel.
Warren Buffett bought businesses with defensible moats.
But Big Tech acquire their competitors and acquihire the best talent to build defensible deserts so vast adversaries will never reach them.
That’s inherently unfair and stifles innovation.
But having said that, China’s BATH(Baidu, Alibaba, Tencent, Huawei) will run rampant around the world unless we out complete them and win.
And to beat China’s BATH our superplatforms need to have scale.