Don't know. I'm trying to educate myself.
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Ok, but reasoning together, I think we should agree that no known machine can enforce a better outcome. Humans still in loop. But we need to "price in" externalities (tracking costs and threats) and enforce basic user rights a la GDPR's "consent to give personal data to a party".
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Well, you could say that antitrust is a mechanism for creating competition and that competition is good, not only because lower prices and better products, but also because the participant companies have a financial incentive to monitor each other and whistleblow.
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Replying to @wgrosso @BrendanEich and
But to really make that work, the whistleblowing probably has to have legal teeth, not just potential-loss-of-marketshare-in-an-abstract-sense.
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Replying to @wgrosso @BrendanEich and
And there has to be some clear and unequivocal set of rules that give guidance in new situations. If there's no legal teeth, or the guidance is unclear, we're back to "move fast and break things"
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Replying to @wgrosso @BrendanEich and
That's the part that feels difficult to me. If government and legal structure are inherently reactive and behind the times, how do we make this work?
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Again, no one knows. Competition is not enough, because first and second place winners carve up a valuable market, take over adjacent markets, and bribe/overpower regulators every time. There is a distinct diff between Google 2004 and Google 2019. Could it be codified in Law? IDK
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There’s a stabilizing factor here, in that Google, Facebook and others implemented their business models before the pitfalls of supporting them became known to publishers and brands. Now everybody knows not to let any ecosystem company intermediate their customer relationships.
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Replying to @TimSweeneyEpic @BrendanEich and
New entrants won’t be able to use that same playbook, so the regulatory problem is limited to incumbents and won’t likely spread to new entrants within current tech industry domains.
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True, but we have to cover costs. If you can do it with your scale at 12%, great. Not sure here :-P.
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Of course these new revenue sharing arrangements depend on huge economies of scale. Till Brave hits $B’s/year, a 70/30 deal that wipes out so many other ecosystem taxes is plenty attractive.
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Replying to @TimSweeneyEpic @BrendanEich and
It is not easy to look for the equilibrium rate at the beginning of a new product or service, my advice is to try to cover expenses while generating brand value and the most difficult, customer confidence in our brand.
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