Google is the reason for the current AI boom. Without the transformer architecture they invented by funding basic research, there would be no modern LLMs. YC is arguing that their incentive for funding that basic research should be taken away in order to spur innovation?
US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
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Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#32So they want Google’s datasets and search index to be available for other companies and want to prevent Google from being a dominant player in AI based search. I wonder why a VC firm who is quite heavily invested in AI based startups file an amicus brief like that… Edit: before this gets downvoted into oblivion, the comment is not against antitrust enforcement. It’s about VC firms having very specific ideas about wha…
Monopolies prevent startups from reaching critical mass. Google and the rest of big tech are like the Jupiter of the tech world. It clears the orbit of anything else that could form. Big tech is so big that it can jump into new markets with ease, kill incumbents, snuff out new players, and perpetually tax non-innovation. We're twenty years behind on antitrust and breakups. It's time we had a forest fire to make way f…
Let’s not pretend that YC and other VCs are noble. They get rich and pawn their money losing investments to the “bigger fool”
https://medium.com/@kazeemibrahim18/the-post-ipo-performance...
> In aggregate, the average return across these YC companies is -49%, with a median return of -46%. To put this into perspective, over the same period, the S&P 500 yielded a positive return of 58%
And for the rest of the companies, they aren’t trying to compete with BigTech, they are trying to get acquired by them. Out of the literally thousands of companies that YC has invested in, only about two dozen have gone public
Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#33Google is effectively being punished for retaining their earnings and re-investing in tons of software R&D over the years. Their "monopoly" is because people choose to use them, not because they have to. Not to mention they are are being disrupted by ChatGPT and other LLMs anyways right now. There have always been lots of web browsers and search engines, but Google simply did a better job making and refining their so…
No. They are being punished for unfairly limiting competitiveness with repeated monopolistic practices affecting the browser/search markets relation.
Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#34Google is effectively being punished for retaining their earnings and re-investing in tons of software R&D over the years. Their "monopoly" is because people choose to use them, not because they have to. Not to mention they are are being disrupted by ChatGPT and other LLMs anyways right now. There have always been lots of web browsers and search engines, but Google simply did a better job making and refining their so…
No. They are being punished for unfairly limiting competitiveness with repeated monopolistic practices affecting the browser/search markets relation.
But they only have high market share because people want to use Google instead of the competitors. Many consumers switch their search engine to Google when presented with other defaults. Because Google search works the best and people know that.
Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#35None of the proposed remedies benefit consumers.
We have two major phone operating systems and they charge a tax of 30%, which gets passed onto consumers. This should be zero if there was unlimited competition or web installation. There's also so much innovation happening in the mobile space right now. It's not like they're parked and reaping untold benefits. By having search monopolies, they've gamified paying for placement above your competitor's trademarks. Rath…
> By having search monopolies, they've gamified paying for placement above your competitor's trademarks. Rather than spend on engineering or lowering costs, you have to pay to defend your brand.
I would love to know how much money Google makes just from this extortion.
… which is enabled by their intentionally-misleading search ads, which also enable scams. I’d further love to know how much money they make promoting scams.
Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#36A. The Remedy Should Open Access to Google’s Datasets and Search Index. B. The Remedy Should Prevent Google from Extending Its Monopolies into Query-Based AI Tools. Good luck with that YC...
And Netflix shouldn’t have been able to extend its monopoly in shipping DVDs to streaming
Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#37Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#38Earlier quoted context omitted.
We have two major phone operating systems and they charge a tax of 30%, which gets passed onto consumers. This should be zero if there was unlimited competition or web installation. There's also so much innovation happening in the mobile space right now. It's not like they're parked and reaping untold benefits. By having search monopolies, they've gamified paying for placement above your competitor's trademarks. Rath…
The solution is for people to make web apps which are agnostic to platform and device, no?
No, the solution is web installs without platform scare walls.
We have sandboxing, permissions, app scanning heuristics, and databases of bad apps. If the web works from a technical standpoint and security posture, so can native.
Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#39Google is the reason for the current AI boom. Without the transformer architecture they invented by funding basic research, there would be no modern LLMs. YC is arguing that their incentive for funding that basic research should be taken away in order to spur innovation?
You can do basic research without being monopolistic.
Re: US vs. Google amicus curiae brief of Y Combinator in support of plaintiffs [pdf]
#40Earlier quoted context omitted.
Monopolies prevent startups from reaching critical mass. Google and the rest of big tech are like the Jupiter of the tech world. It clears the orbit of anything else that could form. Big tech is so big that it can jump into new markets with ease, kill incumbents, snuff out new players, and perpetually tax non-innovation. We're twenty years behind on antitrust and breakups. It's time we had a forest fire to make way f…
Let’s not pretend that YC and other VCs are noble. They get rich and pawn their money losing investments to the “bigger fool” https://medium.com/@kazeemibrahim18/the-post-ipo-performance... > In aggregate, the average return across these YC companies is -49%, with a median return of -46%. To put this into perspective, over the same period, the S&P 500 yielded a positive return of 58% And for the rest of the companies…
VC firms, not specifically YC, also tend to encourage monopolization when it comes to startups they are invested in. Have we not seen unicorns gobble up other smaller startups all the time?