Sure, monopolies are great for the C-suite, but they turn out to be really bad for the end users and customers, the real losers when there is no competition.
Get in loser, we're going for a monopoly! It's all fun and games until you're locked in and enshitification sets in. I would sooner go without than get fooled again.
Please say something intelligent about a link when you drop it. No one can tell if you're being sarcastic or not.
I did watch the video of him and I can confirm (so no one else wastes their time) he does not address why monopolies are great for everyone other than the CEO. But he does go into depth about why women should not wear Hillary Clinton style pantsuits when pitching ideas to him. Noted.
I am not sure if the video is the same as the article, but there is no way I am going to pay a penny to hear what Theil has to say. Honestly, after I heard him rambling about the anti-christ crap he spews I would pay for him to stop talking.
The article is not about how monopolies are good for society.
It’s about how businesses over emphasize small differences which make them indistinguishable from their competition.
It’s better to be in your own category rather than a slightly different permutation.
Capturing the value you produce from a business is actually very difficult. Think about how many Facebook users are a net less for the business. Good business plans also plan for capturing value.
Get in loser, we're going for a monopoly! It's all fun and games until you're locked in and enshitification sets in. I would sooner go without than get fooled again.