Earlier quoted context omitted.
Spoiler alert: They probably won't be either way. Our population is too small by comparison, we just lucked out in that it took China/India longer to industrialize.
Luck has absolutely nothing to do with it. If you attribute America industrializing before China/India as luck, then I will lose trust in anything else you say. By 1915 America had higher GDP per capita than most of Western Europe - BEFORE WW1. Western Europe had higher GDP per capita than China/India by like 1200 AD. You are so so far off the mark. Also, India's population only started exponentially growing in the l…
Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
501–510 of 735 posts
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#502Earlier quoted context omitted.
Android is perhaps the closest in comparison to Microsoft/Internet Explorer. Spin off Android into its own company, including the Play Store. There would be nothing stopping Google from keeping their apps in the Play Store, but they would sit on the same level as competing mapping and search apps, and users would choose which one to use instead of have it preinstalled.
You need to remember that android's customers aren't the end users of the phones, its customers are the OEMs. Spinning off android into its own company separate from Google wouldn't mean the end user gets a preference of which mapping or search app to install, it means the company selling the phone (either the phone brand or the cell network) gets to choose.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#503Earlier quoted context omitted.
How so? If I don't like my internet provider, my only other option is dialup. If I don't like Google, there's multiple alternatives for all of their services that I use
While you can place your data in services which are not Google, if you want to consume data, you are often going to have to deal with Google. For instance, almost anyone who shares any sort of video whatsoever puts it on YouTube. It doesn't matter if I'm not a YouTube user, I have to go to YouTube if I want to watch someone else's videos. And Google is far more than just where you go to search or store your email. So…
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#504Earlier quoted context omitted.
> With Comcast (and other ISPs), you have only one choice, and they spend tons of money and effort making sure you only have that one choice, and continue to have only that one choice. Comcast recently spent nearly $1M to prevent Fort Collins from creating a municipal ISP[1]. That is actively anti-competitive and monopolistic by definition. I'm sure if the U.S. government was proposing to sell public bonds to build a…
It's municipal, so the magnitude of threat you're implying (oooh Government ) is a misdirection. GP's point is that consistently lobbying to shut down the existence of any competition, public or private, is monopolistic behavior. And it is, pretty much by definition.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#505Comparisons will be made to Microsoft and Internet Explorer but to me the really crucial part of this isn't market dominance in the "what app are you using" sense, it's data. Facebook, Google and Amazon really do have an unprecedented amount of data on us. And keep vacuuming up more and more of it. Facebook should never have been allowed to buy WhatsApp (and maybe not Instagram though I'm less concerned about that on…
It should always be something that's a better true absolute measure, for example market penetration.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#506Earlier quoted context omitted.
You're high if you think someone can compete with Amazon out of their garage now. Hell, you can't even sell a product on Amazon without a good chance that Amazon will just slap their Amazon Basics logo on it and undercut you to death. Similar to Wal-Mart many of their competitors are dead because they optimized their supply chain. No one gets that kind of access out of their garage.
And if Amazon is broken up, whoever thinks the US will still win the global E-commerce market against Alibaba is also quite high. The rules are changing. We need to think about the geopolitics here as well. We need US companies to win global markets in an era of increased competition.
why
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#507Earlier quoted context omitted.
Spoiler alert: They probably won't be either way. Our population is too small by comparison, we just lucked out in that it took China/India longer to industrialize.
Luck has absolutely nothing to do with it. If you attribute America industrializing before China/India as luck, then I will lose trust in anything else you say. By 1915 America had higher GDP per capita than most of Western Europe - BEFORE WW1. Western Europe had higher GDP per capita than China/India by like 1200 AD. You are so so far off the mark. Also, India's population only started exponentially growing in the l…
Edit: Also, the predictions are for next century. Even if they were making the straw claim you believe they are, they probably won't be around to collect on the super-long-term investment you suggest.
Edit #2: Checked out your comment history, looks like you're just a garden-variety racist who thinks that white people are better than everyone else.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#508How about going after Comcast and Verizon first, the actual tech monopolies ? I already don’t use Facebook, I buy things online from places other than Amazon, and have email accounts that aren’t hosted by Google. However, all of that goes over Comcast’s network because that’s my only viable choice for Internet service. Also, while FAANG occasionally do things I don’t approve of, they don’t actively lobby congress for…
They should be broken up.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#509How about going after Comcast and Verizon first, the actual tech monopolies ? I already don’t use Facebook, I buy things online from places other than Amazon, and have email accounts that aren’t hosted by Google. However, all of that goes over Comcast’s network because that’s my only viable choice for Internet service. Also, while FAANG occasionally do things I don’t approve of, they don’t actively lobby congress for…
There was a recent podcast by Chris Hayes on this topic with Kashmir Hill. It's not as easy to avoid FAANG as one would expect at first glance. https://www.nbcnews.com/think/opinion/how-block-big-tech-kas...
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#510Earlier quoted context omitted.
The problem is this type of vertical splitting doesn't solve the problem of large tech companies. It's like treating a burst appendix with a kidney transplant. The problem of Amazon is that it is effectively the only online shopping place, and thus can act as a Monopsony in hiring it's workers for warehouses, splitting AWS out of that doesn't fix that problem. Maybe you could require that distribution centers be owne…
If we had a progressive corporate tax, I think all the problems would sort themselves out. You want to build a trillion dollar company? Fine. Corporate tax rate of 50%. You're a small business with less than $1M in revenue. Cool. Corporate tax rate of 0%. Big companies will break up to take advantage of the tax code. Problem solved. Instead, the bigger you are, the harder you can lobby for tax breaks. Currently, if y…