Alphabet: A Tech Titan Undeterred by Regulator's Wrath

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Alphabet: A Tech Titan Undeterred by Regulator's Wrath
Social’s Down
If the massive Facebook/Instagram/WhatsApp/ outage today isn’t the best indicator of the gargantuan Zuckerberg social media monopoly that exists today then I don’t know what is.
A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a di…
America’s economic power map keeps rewriting itself. Yesterday’s monopolies took decades. Today’s take cycles.
Railroads → steel → oil → PCs → internet → AI. The industry changes; the scale of the winners doesn’t.
https://x.com/mohossain/status/1822065813639037358?s=46
https://x.com/mohossain/status/2045846605828374692?s=46 @ennovance
We do have an oligopoly of five giant tech companies. But I think all of the sins of Facebook and all of the controversy around Facebook is really mostly particular to Facebook. And I just think Facebook is the most poorly run of these big platform companies. A long time ago, I was very close to Steve Jobs and Bill Gates. They both were happy to be bazillionaires. They both were megalomaniacs, in certain ways. They could be very unpleasant, but they had some principles. They had a red line. In my encounters with Mark Zuckerberg, I’ve never been able to discover any principles.
Tech journalist Walt Mossberg in conversation with Kara Swisher at the New York Times.
Mark Zuckerberg does not have any discernible principles. He occasionally utters some meaningless pablum about “bringing people together” but what sort of people did he bring together? Maybe Putin hackers and Trumpist trolls.
Zuck may not have any principles – but he does have plenty of information about you which you voluntarily handed over to him.
It’s time to break up tech monopolies – starting with Facebook.
Facebook is the new cigarettes. You know, it's addictive. It's not good for you. There's people trying to get you to use it that even you don't understand what's going on. The government needs to step in. The government needs to really regulate what's happening.
Marc Benioff, CEO of Salesforce, in a comment on MSNBC in 2018.
That three-year-old quote was brought to my attention by Kara Swisher in a recent New York Times column.
She apparently agrees more with Marc Benioff now than she did in 2018.
At the time, I thought it was a flashy reach by an executive who often went out on verbal limbs to make brazen points. But today, after the latest series of investigations into the sketchy acts of the social media giant, Benioff seems like Nostradamus.
[ ... ]
Obviously, you don’t get claps for doing your job. Nor should you get credit when you do the very least to fix problems like these.
So, sadly, I am coming around to the idea that Benioff’s once-over-the-top metaphor — that social media companies like Facebook are as bad for us as cigarette companies — might not be so far off the mark.
As it turns out, the Facebook/tobacco comparison was more than a metaphor.
Former Facebook manager: “We took a page from Big Tobacco’s playbook”
Just as tobacco is a threat to physical health, Facebook and some other forms of social media are likely a threat to our collective mental health.
We need a thorough study regarding Facebook and similar platforms comparable to the Surgeon General’s 1964 landmark report on smoking and health.
When we have a clearer and more scientific picture of the damage caused by social media, it can be regulated like any other potentially harmful phenomenon.
For now, there’s nothing to stop you from going cold turkey. Leave Facebook. Delete Facebook. Quit Facebook.
Tech Monopolies
A Tech Monopoly is an internet-based business such as a social media company or search engine that is so large and continuingly expanding that it’s impossible to find a website or digital product that isn’t in some way related to it. From this definition, a few namely examples of Tech Monopolies come to mind such as Google, Facebook and Amazon.
Google logs around 5.5 million searches and their results each day, and then sells that information to advertisers in order for them to direct their marketing in different ways- but it doesn’t stop there-Google has an impossible amount of users that access their service, and Google are the ones responsible for what search results they give, Google can potentially use this to their advantage by directing users to shareholders, or even create bias against certain political figures.
Facebook logs the data of every one of it’s users to sell that data to advertises which is already immoral for a site that’s whole purpose is to share personal information, but it is also able to creat “shadow accounts” for people who aren’t already on Facebook by associating information from images posted and messages sent in order to create a potential account for someone who doesn’t use the site. Facebook has 2.4 billion active users and moderators with strict criteria on what is and isn’t allowed on their website. If they feel it necessary, Facebook moderators are able to censor political content they disagree with and direct users to political content they find more agreeable.
Amazon is the best online shopping service; best for shipping, returns and prices, yet all of this is off of the backs of underpaid employees in conditions similar to that of a sweatshop, with a hostile environment that encourages complete robotic compliance to the system and even discourages things such as joining workers unions.
All of these things are facts of the world we live in, but nobody seems to care.