18 karma · joined March 14, 2017
On one hand it's great that this is being reviewed and tested. The other hand, that it's not getting properly tested in space where it really can make a difference is somewhat saddening. Can anyone point to a committed space trial?
If anything, what sets the FAMGA apart is their embrace of innovation and their willingness to invest in new technology to maintain their market position. The author's notion that innovation will slow (the core 'profound implication') is not backed up with any data (except that IBM was dominant ... and now not).
Ultimately this is solved by having elected representatives and putting the power back in the peoples' hands. And how do we elect globally? Does this come under the UN? I doubt few people would be happy with that scenario.
I always find it such a dichotomy that the Internet was established for knowledge sharing and education. Unfortunately today, there is a proliferation of mis-information and eroding the critical thinking that underpins a successful education.
This is an unfortunate example where government is not set up to address concerns of today's environment. They are trying to apply legal constructs of 20-50 years ago to a quickly changing age. And while you can argue whether the prior administration did the right thing legislating in this environment, the one thing they did was understand that access to the Internet should be a right as opposed to a privilege. Like education, access to 911, etc. As more services move exclusively online, this fundamental access question only becomes a greater concern.
If individuals aren't guaranteed access nor have any protections online, then we are heading into a very dangerous area (if the only way to lodge a claim against your internet provider is online, then they will know what you are doing).
I am no economist, but I believe that there will be a global rebalancing in the near future: manufacturing will return as the rents in low-cost regions approach the local cost of manufacturing.