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by 0xDEF
994 days ago
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It's funny how eager Americans are to break up the Big Tech companies that happen to be the only reason the US economy is not a complete dumpster fire. Look at GDP growth for the US vs. the Eurozone since 2008. The high level of integration, both horizontal and vertical, is what makes the US Big Tech companies so economically productive and valuable. But sure. Kill your software industry. Does the US even know how to do anything else? Does the US even manufacture anything physical anymore? Last I checked tiny little Denmark produces more wind turbines than the US and tiny little Switzerland produces more CNC machines than the US. |
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The US economy is a complete dumpster fire for those of us worth less than seven figures. Big tech monopolization does not strengthen our productive capacity, and breaking up the big tech companies won't weaken it. If anything, it will strengthen the economy by making it more viable to found a tech startup without the explicit goal of being bought out. We aren't "killing" our software industry; we're revitalizing it.