Earlier quoted context omitted.
For the sake of discussion, lets focus on the idea itself, whatever the motiviations of the politician who's saying it. >> Users are already getting value for their data - the product showing the ads. People have a choice in whether they want to use gmail and get a free best-in-class email client, backend storage, and worldwide access to their email. The trade is that they're participating in an ad platform that FB a…
That's an incredible selective way to look at it. Google search has almost no competition. Social media has Snapchat, Twitter, TikTok, and there's really not a huge bar to entry. New social media apps rise all the time. It's also your opinion that their product hasn't improved over time, and your conjecture that that's where the money is going. Also in television there is much less competition. The TelCos are the wor…
Critical mass is a huge bar to entry.