Quote (ofthevoid @ Jun 17 2020 11:11am)
Instagram is owned by facebook. It seems so far that since the digital age has started the pecking order has largely been settled. Like FB was king shit 10 years ago and they remain so.
I think a better example is a company like google. At this point they have solidified themselves as the directory of everything. They're even used a verb as in 'just google it'. Displacing a giant like that is an impossible task, you could have all of their competitors banding together and they'd still probably fall short. You can't really expect the free market will somehow regulate itself to what we think is fair in today's world. What we're seeing is more centralization. The walmarts, googles, amazons, facebooks are very clearly coming out as the winners. This type of anti competitive environment doesn't benefit anyone but these companies in the long term.
Legislation is absolutely needed or in another generation or two there will be no main street and we will just have a handful of corporations which own everything.
if u legislate away their monopoly they'll just loophole you. they'll "break up" like TV media did, where its still all owned by a tiny number of people but different channels with separate boards all moving in the same direction anyways.
the simple fact that facebook has rebranded half it's energy into Instagram, and the not yet fact of TikTok getting bought out by twitter/facebook, show this is what will happen. they'll break up, and still Zuck/Jack will get the cash, and all of their companies will do the same thing.
if i wanted to start a steel company that had 100% of the business of my area i couldnt, but if i want to start 10 steel companies that each get 10% i can. with social media it's just an extra URL and another stooge board to see it through.
you're essentially trying to use a socket wrench on a motherboard. the computer is broken, your attempt it noble, but destined to fail. facebook can put 100x more money into exploiting loopholes than the state, and they're able to act in real time. the govt neither has the funds nor do courts/legislation work in real time.
Quote (Goomshill @ Jun 17 2020 11:30am)
The entire history of monopolies is that they can make exploitative decisions and stop being 'good' and still retain control.
Unlike the dotcom gold rush of competitive sites crowding each other out, Google rose in a time of tech companies branching out aggressively to pervade every facet of tech and make themselves too big to become unpopular. You can't just choose to boycott Google these days, what, are you going to give up not just your search engine but Google maps, your gmail account, youtube, captchas, ads, translation, chrome, pay, play, analytics, etc? Google became that monopoly by becoming big not just in their primary field but becoming big in as many fields as they could. They are to the folks on the web today what the workers had at their company store in old days. MySpace never left its original footing.
harsh words like that are a good way to get yourself removed from my Top 8.
This post was edited by thesnipa on Jun 17 2020 10:37am