Re:I Was Wrong about the Ethics Crisis (Moshe Vardi, CACM)
by specialist on Monday December 30, 2024 @12:30PM
(#42551415)
> corporatism and monopoly, not "tech"
Yes and: Corporatocracy
> strong network effects
Yes and: aka Preferential attachment leading to winner-takes-all.
It's just math. Not some kind of weird moralistic blather.
The tendency towards concentration necessitates some counter balance, backpressure, redistribution, whatever.
> need to be about four major players before markets push prices down.
Yes and: I believe, but cannot prove, unifying markets (nationalization, globalization) accelerated monopolization.
Alas, I don't have any ideas on how to put the toothpaste back into the tube. Clearly, we're not reverting to regionalism or localism any time soon. Economically or politically.
Yes and: Corporatocracy
> strong network effects
Yes and: aka Preferential attachment leading to winner-takes-all.
It's just math. Not some kind of weird moralistic blather.
The tendency towards concentration necessitates some counter balance, backpressure, redistribution, whatever.
> need to be about four major players before markets push prices down.
Yes and: I believe, but cannot prove, unifying markets (nationalization, globalization) accelerated monopolization.
Alas, I don't have any ideas on how to put the toothpaste back into the tube. Clearly, we're not reverting to regionalism or localism any time soon. Economically or politically.