markjgsmith

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House Democrats say Facebook, Amazon, Alphabet, Apple enjoy ‘monopoly power’ and recommend big changes - This report is making quite a lot of tech people pay attention, it’s interesting stuff and it’s probably time some of these practices are scrutinised, I’ve been wondering lately because the future is rather unpredictable with the rapid advance of AI for everyone, I’m wondering if there aren’t some counter intuitive scenarios where having a few big players would in fact be better, what does the future look like when every small business is as powerful as these big 4 tech giants? The description of Google as “an ecosystem of interlocking monopolies” is kind of worrying, what does that look like in the future?www.cnbc.com #

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