We see the fundamental forces of capitalism at work: To justify valuation, Google needs to grow. When they feel a ceiling, they broaden their search to anything legal that makes customers pay - even if it contradicts their longterm interests. This created countless attack angles for startups.
The good news: we already have a solution! Monopoly laws. In case of the internet, no company should be able to have this much power.
The bad news: US decided to weaponize big tech’s leverage over the world and does not enforce these laws anymore that fix vanilla capitalism.
The bad news: US decided to weaponize big tech’s leverage over the world and does not enforce these laws anymore that fix vanilla capitalism.