I think even more in an ideal world, this would be the way I think about these kinds of things is companies are out there trying to maximize the profits they make. That's a responsibility that happens over a very long period of time. Now, notwithstanding that, I kind of hope that these companies would behave responsibly,. Otherwise that they're in a position of power and you'd hope that they behave responsibly.
This episode surprised us; through a discussion of who is at fault in the latest series of new vs old-world spats, we realized that not only has the Internet fundamentally changed winners-and-losers, but also the very nature of economic competition and the type of regulation that is required.
Topics & Links
- Mathew Ingram: Giants Behaving Badly – GigaOm
Google v MetaFilter
- Matt Haughey: On the Future of MetaFilter – Medium
Journalism v Facebook
- Mike Hudack: A Rant About the State of Media – Facebook
- Ben Thompson: Newspapers are Dead; Long Live Journalism – Stratechery
Amazon v Publishers
Antitrust, Network Effects, and the Age of Abundance
Do Tech Companies Have a Responsibility to Society?
On how the Internet has fundamentally changed the world, and how government regulation is hopelessly behind
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