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Tech giants are hijacking the internet

dw.com

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Re: Tech giants are hijacking the internet

#6

Earlier quoted context omitted.

Oh, didn't notice that. It was on the DW's frontpage today.

OP is being sarcastic. The article is very recent.

But unfortunately it says nothing that couldn't have been said 10 years ago.

Re: Tech giants are hijacking the internet

#8
Thought experiment: Online advertising is regulated. How do so-called "tech" companies respond. Do they have a plan. Even if they continued to sell surveillance and data services, they would shrink in size.

There 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

#9

Big 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.

I'd agree that big tech are big because they built a (good) product that appeals to the masses. Make no mistake though, they've also used their power to abuse the system and cement themselves as monopolies which is modus operandi for a monopoly.

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.

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