On Elizabeth Warren’s big tech breakup proposal
“Any sort of antitrust proposal that does not seriously grapple with the reality that the power of these companies flows from controlling demand — that is, consumer choice, willingly made — not from controlling supply, like monopolies of old, is going to be fundamentally flawed.” ~ Ben Thompson
There’s lots more great analysis to be found in Ben’s article, Where Warren’s Wrong.
As always, the challenge with finding an answer to a hypothesis is that you need to be asking the right questions in the first place, based on a fundamental understanding of the system you’re looking to solve for.
Alas, Senator Warren’s premise is off base due to a misrepresensentation of how big tech came to be, so we’re left with a series of conclusions that can’t meet the objectives she’d like to reach.
I’m all for limiting big tech’s access to and use of personal data and leaving room for new players to thrive, but this proposal would lead to more harm than good.
The full proposal from Senator Warren: Here’s how we can break up Big Tech




