Tech giants are hijacking the internet
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Re: Tech giants are hijacking the internet
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#3Breaking news from 2008?
Re: Tech giants are hijacking the internet
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#7There was no hijacking. Anyone can still make their own site and become popular. TikTok was able to become the number one site despite not being from big tech.
Re: Tech giants are hijacking the internet
#8There are various ways ads could be regulated and historical precedents.
Regardless of whether this ever happens, currently, online advertising is highly centralised and under increasing scrutiny. This centralisation is not the result of innovation by a select few companies but plain old M&A by the so-called "tech" giants, while the the government was apparently sleeping. If more competition were to take place in online ad services, this could potentially have a serious effect on the lifeblood of so-called "tech" giants. Time will tell.
Re: Tech giants are hijacking the internet
#9Big tech is big because they built sustainable products that appeal to billions of people. There was no hijacking. Anyone can still make their own site and become popular. TikTok was able to become the number one site despite not being from big tech.
As for the comment that TikTok got big, sure they've managed to amass a fairly large user base but they pail in comparison against the likes of Google, Apple, Facebook, Amazon, etc on any metric that matters.
TikTok are also the new hotness and could just as easily go as much as they came. The big tech companies have survived massive market shifts, economic catastrophes, dodged/maneuvered their way through government regulatory apparatus around the world measured in decade time scales.