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RE: Hey Amazon, We Need to Talk: From Selling Books Online to Disrupting Billion Dollar Industries in a Little Over 20 Years

in #business7 years ago

It's a valid point about what is too big. Between Apple, Microsoft, Facebook, Google and Amazon, the disruptors are now the establishment, and they're all multinational conglomerates, collecting data from us in one way or another. Who needs a surveillance agency when you can just commandeer private enterprise?

Eventually, though, these giants get too big and they implode from within. I think we've been seeing that from GE for a while, and now they could lose their listing on the Dow to, guess what, Amazon. 40-50 years ago GE was the brand.

Personally, I hope the breakups of these huge corporations comes sooner than later. We need more smaller and mid-size disruptors, but if they're being squeezed out, or bought out, by the big guys, then it makes it that more difficult. And the last thing I want is to be dependent on the federal government to come in and hold anti-trust hearings because ultimately, it gives them favorable press, goodwill and clout that I don't really feel they deserve. One potentially positive action vs. a plethora of negative ones is still a bad net effect.

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'Who needs a surveillance agency when you can just commandeer private enterprise?'

You're exactly right. And the GE scenario holds credence - in similar fashion, Amazon reminds me much of what Sears used to be, the one-stop shop for American families.

I too am hopeful there will be more disruption by smaller organizations, but as you state we live in the age of mergers and acquisitions. Always boiling down to money.

This platform, Steemit is a great working prototype, and gives me hope about future decentralization. Away from conglomerates and the archaic banking institutions.

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