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Comment by staunch

A comparison to oil monopolies confirms that he's entirely confused. There is absolutely no historical analog to Google or Facebook.

Everything about the internet and computer technology is uncharted territory. The most technical human on earth can't predict what will happen even 5 years in the future.

It is safe to predict that Google and Facebook are going to be obsoleted by newer, cheaper, better technology. Google/Facebook operate highly inefficient businesses and that's the weakness that will wipe them both out. No government intervention will be necessary.

Hint: #decentralization

The big internet risk is the last mile, controlled by Comcast/AT&T. We need a campaign to move the whole country to fiber conduit powered by local internet providers.

parent staunch 8 years ago

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