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by wbsss4412 1379 days ago
I’ll have to watch the video later to see how good their argument is… but I don’t but it.

“The market” has seemingly deemed low value SEO spam to be what’s valuable. If Wikipedia didn’t exist, I imagine the alternative would more likely be garbage rather than quality.

1 comments

In this case, "the market" is essentially just Google - who incidentally created the market for SEO spam.

I don't necessarily blame Google for the tight integration with Wikipedia. It's much easier to deal with one site than many.

I think it's disingenuous to blame "the market" for what's essentially the decision of a monopoly.

Did the government grant Google a monopoly?

This is a market outcome. Perfect competition is not the natural state of the market, even though free marketers prefer to hand wave it into existence.

The government is absolutely granting Google a monopoly today. They own the browser, your email, and search. If antitrust had any teeth in this era the company would have been nuked a decade ago if not even sooner.
Antitrust is government intervention into the market. Not enforcing antitrust is not granting a monopoly.

Don’t get me wrong, antitrust is good! Government intervention is necessary. But lasseiz-fares does not mean what you appear to think it means.

When a corporation has an obvious monopoly and the government does not intervene, they are signalling the status quo is allowed to continue
Yes, except that is not a market outcome, that is government intervention into the market.

That is substantively different from a government granted monopoly, wherein it is illegal to create a competing business.

The point is that monopolies are a natural market outcome, and are what created Google. Does Google continue to exist as it is because the government has chosen not to do anything? Yes. Welcome to the free market.