On: What Happens When Hyperscalers and Clouds Buy Most...

[dilyevsky]

Nothing will ensure incumbency better than slapping more regs on it

[blackeyeblitzar → dilyevsky]

Is incumbency a bad thing if they’ve to serve everyone equally and at prices that are fair? It’s not like they operate without any regs at all today, right?

[dilyevsky → blackeyeblitzar]

It is a bad thing bc it stifles innovation and ultimately hurts everyone but incumbent shareholders and their pocket legislators. And on the latter point it is also unlikely to be “fair”

[wmf → dilyevsky]

Yes, you only regulate a monopoly after you've decided that competition is impossible.

[blackeyeblitzar → wmf]

I think we need to be more proactive than that personally. Lots of big companies do anti competitive things that we don’t want even if they aren’t exactly a monopoly. But no one’s doing anything about that.