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by geuszb 2650 days ago
If the main point is that we moved from a state of information scarcity to a state of information abundance, one piece is missing in this article: abundance is not, by itself, utility — to turn abundance into utility, you need one of a very small number of organizations that have dug significantly deep competitive moats around them (such as Google, Facebook, Amazon, or even Wikipedia). It's not altogether clear that these new gatekeepers won't start applying the same recipes (of vertical integration, for example) to re-consolidate the industries around them.