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by typon
2524 days ago
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What's the alternative? Increase government R&D spend to the same levels as FAANG companies? But will they have enough infrastructure to support that? For example, Tensorflow runs on Google's global datacenter infrastructure - this is the only way these latest monster transformer models can be trained, using thousands of GPUs or TPUs. |
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Apple and Netflix don't share the same problem, and that gives them a lot more freedom in other areas, too (but perhaps resulting in them having less total user acquisition potential than Google or Facebook; but of course it's needed less, since every customer is directly giving them money). Uber also doesn't share that problem, and they've contributed quite a bit to the community, though of course they have other problems.
The main problem isn't tech companies or monopolies, IMO; it's the tech companies that survive only by cannibalizing both non-paying users and non-paying non-users who happen to visit just about any website on the Internet (because odds are any given website is using Google Analytics or has some sort of Facebook or Twitter integration). It creates bad incentives.
Of course, there are also separate debates to be had over general issues of monopolization and working conditions (like Amazon fulfillment workers not being able to take bathroom breaks without risking accumulating points which may result in them getting fired), and control over different media platforms (like Google owning the only real video platform in the world and Twitter owning the only real microblogging / "town square" platform, and issues that may come from how they regulate users and content). The advertising stuff is just the cherry on top.
I do think trying to regulate or break them up over the content policing stuff would be a huge mistake, though. Staunch conservatives say they want them to relax their standards and stop being biased against conservatives; staunch liberals say they helped the spread of disinformation, racism, and fascism and should have tighter standards. I think if either side has their way, to any degree, it will be a disaster.