The Epic Struggle of the Internet of Things
“If the Internet of Things spreads widely, the way these people behave today is the key to the way most everybody else will be compelled to behave. They’ll be society’s leading actors, the exemplars of progress.
So let’s start with the champions of the Internet of Things, the Big Five: Microsoft, Apple, Google, Amazon and Facebook. One might think that since they’re all American corporations, and all on the West Coast, they would see their common institutional interests and unite as some kind of... trust. This was certainly true of large American corporations in the past: oil companies, steel companies, railroads, the telephone industry, aerospace companies and so on. All these traditional American industries realised that competition was tiresome. They were constantly scheming to unite in continental-scale monopoly conglomerates that could simply buy Congress, and then live off the fat of the land.
Amazon, Facebook, Google, Apple and Microsoft almost try that, in some ways. Google, Facebook and Microsoft are especially good at burning off the competitive landscape by acquiring smaller companies that might pose a threat.MoreLess
So let’s start with the champions of the Internet of Things, the Big Five: Microsoft, Apple, Google, Amazon and Facebook. One might think that since they’re all American corporations, and all on the West Coast, they would see their common institutional interests and unite as some kind of... trust. This was certainly true of large American corporations in the past: oil companies, steel companies, railroads, the telephone industry, aerospace companies and so on. All these traditional American industries realised that competition was tiresome. They were constantly scheming to unite in continental-scale monopoly conglomerates that could simply buy Congress, and then live off the fat of the land.
Amazon, Facebook, Google, Apple and Microsoft almost try that, in some ways. Google, Facebook and Microsoft are especially good at burning off the competitive landscape by acquiring smaller companies that might pose a threat.MoreLess
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