Peter Thiel is insolent enough to say out loud what these companies practice - ‘competition is for losers’. These quasi-monopolies aren’t here to provide the best value - quite the opposite. They want to kill all competition by any dirty tactic and then use the diminished choice to wring the customers of every penny they have. They want to extract maximum revenue by making sure that their inferior solution is the only option customers have.
This problem isn’t solvable by market regulation alone. The world has enough a*****es around who will climb to the top of successful companies and find ways around the regulations. They’re being as bad as they can, while skirting the limits of what’s illegal. My main gripe is with the engineers, programmers, technicians and all technical creators who enable these scumbags. It’s not hard to see that supporting a proprietary solution amounts to yielding the consumers’ bargaining power to a monopoly. Despite that, they keep making these choices. For example, it’s not uncommon to hear senior engineering managers or technical-lead level employees saying, “I know that Chrome is spyware and I want to quit it. But this works only on Chrome”. I feel like screaming at them that if they’re too incompetent to demand a change at the level they’re at, they’re in the wrong profession.
If you’re a technical creator, your choices matter. It affects a lot more people than you alone. But more often than not, I see such creators surrendering principles in exchange for convenience. They hold as much responsibility as the market-abusers in making the world the way it is now.
Peter Thiel is insolent enough to say out loud what these companies practice - ‘competition is for losers’. These quasi-monopolies aren’t here to provide the best value - quite the opposite. They want to kill all competition by any dirty tactic and then use the diminished choice to wring the customers of every penny they have. They want to extract maximum revenue by making sure that their inferior solution is the only option customers have.
This problem isn’t solvable by market regulation alone. The world has enough a*****es around who will climb to the top of successful companies and find ways around the regulations. They’re being as bad as they can, while skirting the limits of what’s illegal. My main gripe is with the engineers, programmers, technicians and all technical creators who enable these scumbags. It’s not hard to see that supporting a proprietary solution amounts to yielding the consumers’ bargaining power to a monopoly. Despite that, they keep making these choices. For example, it’s not uncommon to hear senior engineering managers or technical-lead level employees saying, “I know that Chrome is spyware and I want to quit it. But this works only on Chrome”. I feel like screaming at them that if they’re too incompetent to demand a change at the level they’re at, they’re in the wrong profession.
If you’re a technical creator, your choices matter. It affects a lot more people than you alone. But more often than not, I see such creators surrendering principles in exchange for convenience. They hold as much responsibility as the market-abusers in making the world the way it is now.