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> big tech firms got big and stay big, not because of network effects or political power, but because of their rare expertise; and that they cannot keep their advantage in expertise forever I am pretty sure Facebook got and stays big primarily because of network effects. You could create a website with all the technical features of Facebook, and few would use it because their friends aren't on it. In my view, it is the pendulum of antitrust law swinging back to stricter enforcement that will end big tech, if at all. The hope that everything will just magically get better now that your local coffee shop can deliver beans to you with off-the-shelf software seems slightly optimistic. But I hope I'm wrong. |
They're incredibly useful to the state as large monolithic entities. It's much easier to spy on people and exert influence. Imagine the feds chasing dozens of social media platforms to fight election interference.
There is no chance any legislative body will break up tech. They'll more likely go the bank route and make them too big to fail, and regulate them, which amounts to giving the government direct or indirect power in what speech is allowed on the platform.