26 Matching Annotations
  1. Aug 2023
    1. Much social and civic innovation is possible if the GAAF platform monopolies (Google, Amazon, Apple, Facebook) are broken up or regulated appropriately. I believe that will happen, and I hope it will happen in appropriate ways. Done right, it will release a torrent of innovation, including social and civic changes. I trust that the general level of competence is growing among digital citizens. So, I am modestly hopeful we can sort out the helpful from the harmful changes for a net positive gain.
      • for: quote, quote - Warren Yoder, quote platform monopolies, internet - regulation, indyweb - support
      • quote

        • Much social and civic innovation is possible if the GAAF platform monopolies (Google, Amazon, Apple, Facebook) are broken up or regulated appropriately.
        • I believe that will happen, and I hope it will happen in appropriate ways.
        • Done right, it will release a torrent of innovation, including social and civic changes.
        • I trust that the general level of competence is growing among digital citizens.
        • So, I am modestly hopeful we can sort out the helpful from the harmful changes for a net positive gain.
      • author: Warren Yoder

        • Director of Public Policy Center of Mississipi
  2. Jan 2023
    1. to get rid   of monopoly rent you have to return basic key  uh infrastructure to the public domain where   it was before 1980 so that uh basic needs can be  supplied at low prices not uh creating monopoly   for uh the one percent uh and i guess i'm saying  you have to realize that finance has used as well   00:25:12 to take over the economy and this has to  be reversed uh because uh once you have   uh wealth taking the form of uh claims uh  loans and claims on other people's debt   we'll count you up compound interest any rate of  interest is a doubling time and compound interest   is always going to grow faster than the economy's  real growth and the only way to prevent this isn't   00:25:37 simply to lower the interest rate which you've  done today 0.1 uh the only solution is to wipe out   the overall debts that are stopping economic  growth and these debts are the savings of the   one percent the good thing about cancelling debts  is you cancel the savings of the one percent   and as long as you leave these savings in  place there's not going to be a solution

      !- Michael Hudson : reverse privatization and wipe out debt - returning the public infrastructure sold off to companies after 1980 back to the public to get rid of monopolies who gouge the public - cancel all debt so that the savings of the 1% cannot continue compound growth trajectory

  3. Dec 2022
    1. They didn't block new features for shits and giggles, though – the method to this madness was rent-extraction. The iron-clad rule of the Bell System was that anything that improved on the basic service had to have a price-tag attached. Every phone "feature" was a recurring source of monthly revenue for the phone company – even the phone itself, which you couldn't buy, and had to rent, month after month, year after year, until you'd paid for it hundreds of times over. This is an early and important example of "predatory inclusion": the monopoly carriers delivered universal service to all of us, but that was a prelude to an ugly, parasitic, rent-seeking way of doing business:

      Predatory inclusion is a form of rent-seeking in which one preys on customers using monopoly power to extract excessive value for small add-on services.

  4. Dec 2021
    1. student advocates are pushing back in the court of public opinion. Inclusiveaccess.org is a new website that counters the publishers' disinformation campaign and advocates for a fair deal on textbooks. https://www.inclusiveaccess.org/
    1. In order to truly have checks and balances, we should not have the same people setting the agendas of big tech, research, government and the non-profit sector. We need alternatives. We need governments around the world to invest in communities building technology that genuinely benefits them, rather than pursuing an agenda that is set by big tech or the military. Contrary to big tech executives’ cold-war style rhetoric about an arms race, what truly stifles innovation is the current arrangement where a few people build harmful technology and others constantly work to prevent harm, unable to find the time, space or resources to implement their own vision of the future.

      She's talking about monopolies here. How can we break the monopolies of big tech?

      Here again is an example of the extreme power of granting corporations the ability to be protected as "people".

  5. Aug 2021
    1. Both Tunstall and Sanchez have created Patreon sites, where users pay a monthly fee to access exclusive music and an opportunity to communicate with the artists personally.

      There really should be a member feature on Spotify just like YouTube and Twitch has theirs.

      Integrated merch shop and touring schedule on the artist's page would be of huge help as well I am sure.

      For now though it is up to individual listeners to go out of their way to support their favourite artists.

    1. Fukuyama's work, which draws on both competition analysis and an assessment of threats to democracy, joins a growing body of proposals that also includes Mike Masnick's "protocols not platforms," Cory Doctorow's "adversarial interoperability," my own "Magic APIs," and Twitter CEO Jack Dorsey's "algorithmic choice."

      Nice overview of work in the space for fixing monopoly in social media space the at the moment. I hadn't heard about Fukuyama or Daphne Keller's versions before.

      I'm not sure I think Dorsey's is actually a thing. I suspect it is actually vaporware from the word go.

      IndieWeb has been working slowly at the problem as well.

  6. May 2021
    1. The single alternative platform is absolutely not the Facebook-killer.

      This is the truth. One only need to look at cable television providers or telephone service providers to see problems here.

  7. Mar 2021
    1. Theodore Roosevelt—who denounced the “unfair money-getting” that created a “small class of enormously wealthy and economically powerful men, whose chief object is to hold and increase their power”—rewrote the rules. He broke up monopolies to make the economy more fair, returning power to small businesses and entrepreneurs. He enacted protections for working people. And he created the national parks, public spaces for all to enjoy.

      We could definitely use another round of this now. Where is the end of our current gilded age?

    1. Amazon is making many books exclusive to their platform and not allowing libraries digital access.

      Maybe worth looking at what they're doing and how those practices mirror those of academic journal publishing for creating monopolies.

  8. Feb 2021
    1. Economists call this a "network effect": the more people there are on Twitter, the more reason there is to be on Twitter and the harder it is to leave. But technologists have another name for this: "lock in." The more you pour into Twitter, the more it costs you to leave. Economists have a name for that cost: the "switching cost."
  9. Jan 2021
    1. Users fully depend on WhatsApp developers. If WhatsApp developers decide to include user-hostile features in the app, users must go with it. They can’t switch to a different server or client without switching away from WhatsApp and losing the ability to communicate with all their WhatsApp contacts.

      This is the sort of monopoly behavior that needs to be regulated.

  10. Oct 2020
    1. For the company that takes Goodreads' crown, “the possibilities are so much greater”. 

      With discovery and aggregation, the possibilities are really just being bought out again by Amazon and stagnating.

      We need some monopoly busting here to help real competion.

    1. In total, Facebook managed to string together 67 unchallenged acquisitions, which seems impressive, unless you consider that Amazon undertook 91 and Google got away with 214 (a few of which were conditioned). In this way, the tech industry became essentially composed of just a few giant trusts: Google for search and related industries, Facebook for social media, Amazon for online commerce. While competitors remained in the wings, their positions became marginalized with every passing day.
    2. When a dominant firm buys its a nascent challenger, alarm bells are supposed to ring. Yet both American and European regulators found themselves unable to find anything wrong with the takeover.
    1. Today's Web giants want us to believe that they and they alone are suited to take us to wherever we end up next. Having used Adversarial Interoperability as a ladder to attain their rarefied heights, they now use laws to kick the ladder away and prevent the next Microcomputer Center or Tim Berners-Lee from doing to them what the Web did to Gopher, and what Gopher did to mainframes.
    1. In other words, the Web as a collection of heterogeneous sites has largely given way to a small number of sites with near-monopolistic control of authentication, search, and content distribution.

      How can IndieWeb principles be used to get rid of the monopoly? What other pieces have been monopolized (and also bundled, which provides even further value)?

    2. Facebook allows users to sign in, authenticate, and identify themselves on a range of Web sites, feeding our data to Facebook as we move across the Web.

      If second and third tier services that are mono-tasking tools in the social space would allow for some of the IndieWeb building blocks, then this would not only help them significantly, but also help to break up the monopoly.

      Here I'm thinking about things like SoundCloud, Flickr, et al that do one piece really well, but which don't have the market clout. Instagram might have been included in the collection prior to it's buyout by Facebook. Huffduffer is an audio service that does a bit of this IndieWeb sort of model.

  11. Nov 2018
    1. If there is a sector more ripe for the reinvigoration of antitrust regulation, I do not know it.
    2. But now it was all for the best: a law of nature, a chance for the monopolists to do good for the universe. The cheerer-in-chief for the monopoly form is Peter Thiel, author of Competition Is for Losers. Labeling the competitive economy a “relic of history” and a “trap,” he proclaimed that “only one thing can allow a business to transcend the daily brute struggle for survival: monopoly profits.”

      Sounds like a guy who is winning all of the spoils.

  12. Jul 2018
    1. As John Sherman, the senator who gave his name to America’s original antitrust law in 1890, put it at a time when the robber barons ruled much of America’s economy: “If we will not endure a king as a political power, we should not endure a king over the production, transportation and sale of any of the necessaries of life.”
  13. Jan 2014
    1. And JSTOR really was in an impossible bargaining position. Important scientific papers do not have cheaper alternatives. If someone wants to read Watson and Crick's paper on DNA or Einstein's paper on the photoelectric effect, it is not as if there is a paper by John Doe that is just as good and available for less. Academic publishers are, in effect, natural monopolies that can demand as much money as we can afford, and possibly more.