Elizabeth Kolbert at The New Yorker writes about the implications that technology monopolies have for culture by asking "Who owns the Internet?". Three decades ago, few used the Internet for much of anything and the web wasn't even around. Today, nearly everybody uses the web, and to a lesser extent, other parts of the Internet for just about everything. However, despite massive growth, the Web has narrowed very much: "Google now controls nearly ninety per cent of search advertising, Facebook almost eighty per cent of mobile social traffic, and Amazon about seventy-five per cent of e-book sales."
(Score: 0) by Anonymous Coward on Wednesday August 23 2017, @06:12PM (1 child)
A "new kind of widget" implies a high barrier (compared to market size) to enter the market in either development time or intellectual property. The rest should be fairly self-evident from the cited definition.
(Score: -1, Redundant) by Anonymous Coward on Wednesday August 23 2017, @06:31PM
Try again.