Earlier quoted context omitted.
Microsoft's evolution into adtech is the natural evolution of industrial capitalism. In the 19th century, mercantile giants evolved into banks, because after expanding to the limits of their trading turf, that's how they'd get secure, predictable Return On Capital (ROC). In the 20th century, industrial giants evolved into fintech services, because after expanding to the limits of their markets that's how they'd get R…
> Microsoft's evolution into adtech is the natural evolution of industrial capitalism. How is advertising synonymous with capitalism? If it were communism or socialism we'd likely just call advertising propaganda, but is there a real difference? To be clear, even if Microsoft was born in a reality where America was Democratic Socialist, wouldn't they be doing the same thing just a slightly different purpose?
It's not absurd to envision a world in the next 30 years in which advertising is >33% of global GDP - and maybe 2-5 companies control >50% of that market.