Re:TikTok’s Poison Pill
by cma on Thursday August 04, 2022 @01:31PM
(#32345807)
Wasn't Eric Schmidt working for the department of defense while pushing Google+ for other countries?
Letting most Silicon Valley-style platform stuff into your country is a bit crazy: why would you want network lock-in effects to mean 30% of taxi revenue or whatever flows back to the US, or that a US AI matchmakes your dating population and drains money out of the country having people pay to get more swipes than each other in a zero-sum competition?
For most countries Silicon Valley-style companies with strong moats aren't entering in and helping with comparative advantage: they are just a taxation that goes overseas, capturing people through failures of collective action causing inability to shift platforms when something competitive comes along.
Letting most Silicon Valley-style platform stuff into your country is a bit crazy: why would you want network lock-in effects to mean 30% of taxi revenue or whatever flows back to the US, or that a US AI matchmakes your dating population and drains money out of the country having people pay to get more swipes than each other in a zero-sum competition?
For most countries Silicon Valley-style companies with strong moats aren't entering in and helping with comparative advantage: they are just a taxation that goes overseas, capturing people through failures of collective action causing inability to shift platforms when something competitive comes along.