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by soraminazuki
571 days ago
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By that logic, people should still be at the mercy of AT&T because Bell Labs gave so much back to humanity. Not to mention that multiple items on your list were bought by Google. The world's biggest ad and surveillance company having control over the most widely used browser on the planet is a recipe for disaster. That's the only thing that matters in this discussion. |
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So your argument is that Bell Labs should have never happened since it's the result of a monopoly?
My argument is that Monopolies are trade offs. In a world without monopolies you have very little innovation in peace time. Monopolies are bad for consumers but the trade off is that they can afford to innovate and push the world forward. It's not as black and white as people like to think.
Getting rid of all monopolies and having a market in perfect competition will make Bell Labs impossible and all the innovation that came from there. A ballance is required. "There are no solutions only tradeoffs" - TS
Edit: Clarify my question about Bell Labs happening.