Facebook and Google provide very basic internet services that really should be provided by open systems. But through luck and timing they managed to establish monopolies.
They abuse their position to extract hundreds of billions of dollars by selling their user's limited time on earth to advertisers for peanuts per user.
Feel pity for Mark Zuckerberg and Larry Page that they have such fundamentally corrupt businesses and are apparently incapable of fixing them.
And applaud Apple for having created a business so well aligned with its users. It's very difficult to find examples of Apple failing to do the right thing and very easy for the other two, as in this example.
Startups should reject the rent-seeking Facebook/Google monopoly model and embrace the Apple innovation and direct-to-users model.
They abuse their position to extract hundreds of billions of dollars by selling their user's limited time on earth to advertisers for peanuts per user.
Feel pity for Mark Zuckerberg and Larry Page that they have such fundamentally corrupt businesses and are apparently incapable of fixing them.
And applaud Apple for having created a business so well aligned with its users. It's very difficult to find examples of Apple failing to do the right thing and very easy for the other two, as in this example.
Startups should reject the rent-seeking Facebook/Google monopoly model and embrace the Apple innovation and direct-to-users model.