Re:Comcast, AT&T and Verizon pose a greater surveillance ris...
by chiefalchemist on Saturday April 07, 2018 @08:21AM
(#16780417)
Motorola wasn't the failure you think it was. That was, as I understand it, about patent acquisition. They got what they want and then dumped what they didn't.
Per Thiel's "theory" (as seen in Zero to One) most of Google's "failures" are a cover for their search monopoly.
But as a company it never really needed to do those. Heck, Google doesn't even need to be in the self-driving business.
I think it's a failure of competition and anti-trust laws that companies are allowed to grow this big to get their fingers into all the pies out there. The only reason they even go into all of these different industries is because they've made so much money they don't know what to do with it.
Sooner or later we're going to have to deal with this rampant increase in monopolies and we'll have to take some drastic measures to do it. We may even have to break-up companies such as Google, Amazon, Facebook, Walmart, Comcast, Disney, Goldman Sachs, and others, because they were never supposed to turn into such large conglomerates. The fact that they did was a failure of competition laws to stop them from growing this big in the first place.
Comcast, AT&T, and Verizon are now allowed to spy on you, then buy media and ad companies, and then use that data to manipulate you for political purposes so you end-up voting for the candidates that will help them further consolidate their power. We should have put a stop to that along the way.