This is almost like the tech firms who are normally playing victim turning things around a little bit and going after the old world now that they're in a position of power. So I think the defense, well let's start with Facebook. What Facebook would say is or what they ought to say is we're giving people what they want. The balance between people are clicking on it because Facebook put it there or Facebook puts it there because they think people are going to click on it. This is instead of the people who own the pipes trying to shape traffic.
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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