What folks like Cowen advocate imho is that there are huge benefits. That's it.
But are you prepared to have just one online vendor for everything (Amazon), or have just two major phone OSs (Android iOS) forever, or just one search engine? Just one streaming service grouping netflix, disney et al (that will eventually arise and be the cable 2.0)
The fashion industry is fragmented, hugely fragmented, and I don't see people claiming everyone should wear just Adidas or Nike.
What big corps are creating is just this plutocrat monopsony where about 100-200 families control the planet finances. So here's where I and my love for the big corp tend to go sour.
But when you say:
>many company's goals are not aligned with the interests of society at large or the state. The thing to do is to regulate them, provide incentives and rules to fix their problems even if it comes at the cost of competition
You go back to where we are now.
The solution for the big corps isn't to regulate them, is to regulate their commodities.
People need to be able to create. That's what we do as humans. Big corps are blocking us here. Big automation is coming, so what then?
Wanna keep Nestle accountable for bottling our water? Regulate access to it.
Wanna curb Facebook data monopoly? Make them erase all their data and start over, now any company can make a new Facebook.
Wanna curb big pharma? Stop acting like fools with the patent trolling.
We have all means in the world to promote healthy economics, everyone is just too busy getting richer while enabling big corps to promote their entry deterrence as business as usual. No.
But are you prepared to have just one online vendor for everything (Amazon), or have just two major phone OSs (Android iOS) forever, or just one search engine? Just one streaming service grouping netflix, disney et al (that will eventually arise and be the cable 2.0)
The fashion industry is fragmented, hugely fragmented, and I don't see people claiming everyone should wear just Adidas or Nike.
What big corps are creating is just this plutocrat monopsony where about 100-200 families control the planet finances. So here's where I and my love for the big corp tend to go sour.
But when you say:
>many company's goals are not aligned with the interests of society at large or the state. The thing to do is to regulate them, provide incentives and rules to fix their problems even if it comes at the cost of competition
You go back to where we are now.
The solution for the big corps isn't to regulate them, is to regulate their commodities.
People need to be able to create. That's what we do as humans. Big corps are blocking us here. Big automation is coming, so what then?
Wanna keep Nestle accountable for bottling our water? Regulate access to it.
Wanna curb Facebook data monopoly? Make them erase all their data and start over, now any company can make a new Facebook.
Wanna curb big pharma? Stop acting like fools with the patent trolling.
We have all means in the world to promote healthy economics, everyone is just too busy getting richer while enabling big corps to promote their entry deterrence as business as usual. No.