| ▲ | MrGilbert 17 hours ago | |||||||
> But it’s a signal to the labor market: Or... Maybe we should start to think about how we let corporations get bigger and bigger? What happens if an entity (read: company) becomes so valuable, that it is basically indestructible? Does it have the power to change politics to their discretion? And as such, also influence the legislative? I find that highly concerning. | ||||||||
| ▲ | Draiken 15 hours ago | parent | next [-] | |||||||
You mean like Google/Apple/Meta already are? I don't see how we're not already there. There's no competition, only an oligopoly splitting their spoils. | ||||||||
| ▲ | danaris an hour ago | parent | prev [-] | |||||||
Well, exactly. Unfortunately, the time to be having these conversations was 40 years ago. But you know the old saying: the next best time is right now. It is, sadly, a near-impossibility that we could get decent antitrust under the current administration. But if we techies, as a sector, were able to pull ourselves together, genuinely recognize that the level of consolidation we have is very bad, and start collectively advocating for real change—for something more like what Lina Khan was doing under Biden, reversing the Reagan-era shift to the intellectually and morally bankrupt Chicago School interpretation of antitrust, and going back to actually forcing companies to prove that acquisitions will be good for everyone else, rather than forcing opponents to prove that they'll be bad in very specific ways... Then we might have a chance to make real change, over the course of the next few years. | ||||||||
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