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by wordhydrogen 825 days ago
Interesting points.

I still think some services are more prone to being naturally competitive while others are more prone to being naturally centralized. Everything is on a spectrum. Good government regulation tries to balance these natural tendencies.

I’d be curious to hear more about your thoughts on “natural monopolies”. I’ll have to look up the fiber deployment as I am not familiar with that.

> If consumers were smarter they could break monopolies without government intervention necessary.

True but that is the nature of being human. We have evolved to use heuristics and biases due to fundamental time and energy budgets with bounded computational abilities. If one looks at the assumptions made in the efficient market hypothesis it’s pretty easy to see that many of those assumptions are simply not fully true. Though they are useful simplifications for modeling at times.

> Interesting to think about what would happen if you hired two people to do one job and made them compete against each other on every task.

Oh man I’d hate to think what office politics/drama would turn into. Still would be an interesting experiment.