| The problem with big tech is that it is actively sucking resources and capital out of the world. For example, if I use Uber, a significant fraction of the fare (let's say 25%) is taken by Uber. That takes it out of the local economy. And because Uber has good tax lawyers, they pay minimal taxes in my country, so it leaves my country's economy completely. With an old style taxi firm, the boss took a cut - but then he spent most of it in local shops, or his wife bought clothes at a local boutique and a nice haircut - keeping money going round the local economy. Now, every time you use a cloud service, you take money out of a local economy.And people wonder why we have huge social and economic problems. |