"Today’s tech oligarchs are worse than the robber barons"
NYU business prof, writing in Esquire:
SILICON VALLEY’S TAX-AVOIDING, JOB-KILLING, SOUL-SUCKING MACHINE
Quote:
Four companies dominate our daily lives unlike any other in human history: Amazon, Apple, Facebook, and Google. We love our nifty phones and just-a-click-away services, but these behemoths enjoy unfettered economic domination and hoard riches on a scale not seen since the monopolies of the gilded age. The only logical conclusion? We must bust up big tech.
http://www.esquire.com/news-politics...ilicon-valley/
I think it’s inevitable that something will be done about this. I hope it will be bipartisan.
"Today’s tech oligarchs are worse than the robber barons"
Quote:
Originally Posted by
Ma'ake
Just as Energy and Defense align with the Trump/GOP tribe, Tech aligns with Democrats, on culture, politics, womens rights, diversity. (It's ironic that tribalism frequently boils down to a binary view of the world, because the underlying structure of tech is binary, technologically, zeroes and ones.)
I think Trump would move to not just breakup the Tech Oligarchs, but seize control of I.T. companies and invite external powers to help maintain control.
Seems like a standard antitrust suit would do the trick. It would take commitment because the defendants have money and clout and staying power. Congressional action would be harder because the tech giants own both parties — Democrats probably a little more than the Republicans, but not enough of a difference to allow either party to be the champion of reform.
Deposit $.02.
Sent from my iPhone using Tapatalk