Are Google, Amazon and others getting too big?
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Re: Are Google, Amazon and others getting too big?
#2Monopolies are very easy to form on the internet, and in the interest of improving everyone's use, we need to try to avoid them. Walled gardens currently trap people into one service and limit the ability to swap between them, similar to "forcing" you to use just one company for your construction work, no matter the price.
I haven't heard a great answer to this problem yet, if one even exists. Is there a way to attempt to prevent these from forming which can be practically implemented?
Re: Are Google, Amazon and others getting too big?
#3Re: Are Google, Amazon and others getting too big?
#4On the other, being so reliant on one company for so much is bound to cause problems at some point.
Re: Are Google, Amazon and others getting too big?
#5I'm not a fan of big government, but at some point depending solely on their goodwill seems dangerous.
Re: Are Google, Amazon and others getting too big?
#6Re: Are Google, Amazon and others getting too big?
#7Of the tech giants, Apple, Amazon, and Microsoft seem to be in the best shape at the moment. They make their money from selling real products and services to real end users.
Amazon is strong but not unbeatable. Walmart in particular, as well as a hypothetical alliance/merger of supermarket chains, are well positioned to break Amazon's dominance of e-commerce. But they will need the ambition and ruthlessness that has served Bezos so well. Few large American corporations still have the vigor and virility of Bezos's Amazon.
Microsoft (full disclosure: my former employer) too is strong but not unbeatable. All of their products are facing tough competition from Apple (in OS and hardware sales), Google (in online services), and multiple others (in business software). Microsoft's wins are hard fought and fair, and the competition never lags too much.
Re: Are Google, Amazon and others getting too big?
#8I am ultimately skeptical of companies that get all of their revenue from advertising and who fail to make money from sales of products. The value of online advertising is massively inflated. Of the tech giants, Apple, Amazon, and Microsoft seem to be in the best shape at the moment. They make their money from selling real products and services to real end users. Amazon is strong but not unbeatable. Walmart in partic…
Add vendor lockin and you just created a corporate monopoly which is terrible for consumers.
Re: Are Google, Amazon and others getting too big?
#9Two words: too late.
Re: Are Google, Amazon and others getting too big?
#10On the other hand, you're locked in with your broadband ISP. If I'm going to decry some internet business, I will first point the finger at Comcast and their ilk.