That Elizabeth Warren tweet mentioned in the article stands out to me. She has spoken about breaking up big tech in her campaign as well.
While I completely agree with regulation ensuring fairer competition; as we are seeing how much abuse total control over a computing platform can lead to in Apple vs Epic case, is breaking them up the right way?
R&D is costly, and these companies spend a lot on it which is the reason US is still the leader in a lot of tech areas. The ability to spend that much just comes from their size. Breaking up companies might lead to inability of companies to go for moonshots and invest in cutting edge stuff. With China catching up and it being unlikely of them to restrict their companies this way, will it reduce competitiveness?
While I completely agree with regulation ensuring fairer competition; as we are seeing how much abuse total control over a computing platform can lead to in Apple vs Epic case, is breaking them up the right way?
R&D is costly, and these companies spend a lot on it which is the reason US is still the leader in a lot of tech areas. The ability to spend that much just comes from their size. Breaking up companies might lead to inability of companies to go for moonshots and invest in cutting edge stuff. With China catching up and it being unlikely of them to restrict their companies this way, will it reduce competitiveness?