4min chapter

Cool Tools cover image

331: Tim O'Reilly

Cool Tools

CHAPTER

How to Attract Excess Profits

Gouge and amazon are moving away from collective intelligence. They're using their algaritms for self preference, says Andrew Keen. The downside is this is a transfer of profits from the people who are selling the products to the gatekeeper. And so you see these multi billion dollar chinese companies dominating categories that used to have more small merchants in them.

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