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by orlovs
1656 days ago
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Did not thread fully, but I get your point. I know large portion hacker news audience dont like Sowell (and other Chicago school econs). In Basic Economy he defines that monopoly cant be defined “market share”, but how hard is to migrate off/open new competitors. Seing how tiktok eating userbase for fb. Its hardly defined as monopoly in social media angle. There should be more |
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I think though that while Facebook the social network may not last very long, I'm less sure that Facebook as a facilitator of ads will go away. They have a lot of historical data on which to continue determining ad placement on the Internet. Google ads don't just exist on Google sites.