This analogy doesn’t work. A more apt analogy is Nestle putting a pump down in the well and sucking out industrial quantities of water but simultaneously digging more wells as well. The “more wells” is more avenues for further research building on what it has proved/found.

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shank-false-rin a day ago | parent [-]

Going with the same analogy, sucking out industrial quantities of water causes existing wells to dry up because they are not deep enough. Then Nestle starts selling water to the village who now can't get water.

Nestle can pump out infinite amount of water from their many wells, much more than before, which is great, but Nestle also become the sole water supply and unregulated. Obviously, people cannot go without water, so they are at the whims of Nestle. Now, is this a good thing?

	▲	vdietrich 10 hours ago \| parent [-]
		It's always good to remind that local democracy only is not enough - for instabce, locals voting if they accept, or not, a company on his neighbor, like in US they do for a new Walmart, if I know correct (correct me if I am wrong). This is NOT enough: US in the 20's learned that monopolies need to be forbidden, obligating a big company, even by hardwork and being genuinely better than others, to sell more than 1/3rd of the market share to its competitors, something like that. This is brilliant solution to be with the local voting in everything, mainly in taxes (no taxation without representation). This is US (and Switzerland) strong force, I envy that from Brazil. This monopoly-breaking does not occur to big techs - maybe for fear of China, I don't know -, and maybe this is a root cause for data center giants to be able to do so many unsettling things - I am guessing a lot now, hard to think about. Would we have the giant data centers used to make LLMs work so well - Amazon's, Google', Microsoft's, Meta's - if US had focused on not allowing this companies to buy everyone around and grow more than 33% of their markets? Hard question. This may be a thought on localized economies versus centralized/globalized economies. Ok, forget about: talking about monopolies and/or local voting does not suit this topic well.