Are Google and Facebook monopolies?
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Are Google and Facebook monopolies?

14 thoughts on “Are Google and Facebook monopolies?

  1. Luigi is correct insofar as Google et al present systemic risk and hide costs from consumers.

    Tyler is correct insofar as Google et al are innovative and create consumer surplus. Tyler does have a better grasp of the state of tech than Luigi.

    Google et al as monopoly – I don't care about the technical definition, I care about hedging against dystopian future. But regulations aren't the solution; they protect industry, cause capture.

    I'm not sure what the solution is except to buy shares in Google et al.

  2. Indirect opportunity costs but the value of individual data is a perspective one. Before Google and Facebook how much did I earn from my personal data. Zero. So my personal data has zero value

  3. Tyler keeps saying, the price is zero so they cant be monopolies.
    The fact that Tyler sees the people's data = 0, is quite shocking. I thought he's an economist!

  4. FK FACEBOOK! FK YOUTUBE! Wonder what this fat bearded jerkoff thinks of of these companies now that INFOWARS has become the FIRST communications company in history to be band for free speech! What happened to “I may not agree with what you say, but I’ll defend to the death, your right to say it.”?????

  5. Great debate & thanks. Though in the second half of the video, I find the debate lacking a proper intervention from the host.

  6. AMAZING! Clearly these companies are a true threat to the American dream. It is clearly time to take them out, free bullshit they are profiting from our private personal data. This price alone is greater then any other reason to control all aspects of these horrible corporations. Alphabet Inc is the target. the time is now. I am very unhappy.

  7. My question is why is it the only option on my phone. You can't even use your phone unless you make a google account. Isn't that what Microsoft did with windows.

  8. People keep missing the basic critique. If you don't want to "pay" for google in terms of giving up your data, then you don't have to use it. There are alternative search engines and social media sites. How is that a monopoly?

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