Congress is going to throw the kitchen sink at big tech
I&#x27;ve come around and landed more on the opinion that we&#x27;re now enabling our jailors.<p>Light tech regulation was exactly the correct approach in the 1990s (and arguably the 2000s). It enabled mind-boggling rapid and stunning innovation.<p>... However, the massive corporate fortunes built by the winners of those times are now primarily enabling rent seeking.<p>Google and Facebook&#x27;s other work is interesting in the same way that Bell Labs was interesting -- great for a few, but funded by taxing everyone (albeit via tracking and ad market control in this instance).<p>And they&#x27;ve learned from their predecessors&#x27; demises that part of their winnings need to be continually re-invested in buying startups that might threaten their dominance.<p>IMHO, everyone will be better off if Facebook, Google, and Amazon are shattered into small enough independent pieces that (1) &quot;get bought&quot; is no longer the startup win condition &amp; (2) they have peer level competitors in <i>all</i> markets in which they participate.<p>Apple and Microsoft? Mandate open app stores and devices, if an owning user so chooses.<p>Thinking back to the 90s... if anyone has <i>guaranteed</i> revenue streams out 10 and 20 years these days, the market as a whole isn&#x27;t competitive enough. That <i>should</i> be enough time for the entire playing field to upend itself.<p>At least, it used to be.