What China Got Right About Big Tech

The things that seem important and are not of topic are the very topics that should be talked about.Control whether you agree with who has it or not, will shape the future for the rest of those that don't agree with whom posses it. It simply natural, however we have gone though many thousands of years in evolution that we humans have the ability to change the things we don't agree with. There are almost always benefits and downsides of any change.It's what makes it change.

The path we are going is not innovative. One might think that tech billionaires having part in governments will be in benefit to innovations but that couldn't be any more false. Majority of the billionaires of today in U.S. are the by product of the .com bubble which the winners were among the king of the hill type winners alone in their sectors. Amazon(shipping) Facebook(social media) Microsoft(software) Apple(personal devices/ hardware). This is not a surprise yet unfiltered turn of events taking place before us. one thing is very clear is they did not hand over growth secondary markets, meaning this type of growth is its quite fragile and and a house made of glass type scenario. The moment of declining will have a tremendous ripple effect amongst their users and partners who rely on their growth and revenue to stay alive. not secondary markets but more or less the supply chain of all this growth is geared towards this behemoth. decline will leave these sectors to vulnerability towards itself. There is nothing else out there to replace Amazon's Decline and likely the same for FAANG for that matter. Many of these FAANG Holding are well diversified in various other venture to benefit the big picture rather than fully committing to the company they are buying. They more or less consume what they buy. 80billion is nothing to over look and that is just from Google Chrome search advertising. there is nothing else i can think of that would match that type of revenue based on the product offering. Yet its our reality. This is history as we speak Nothing stays forever and things will change just like everything else before us.

This FP piece just took the surface value of Alibaba's story. Xi took down Ma not bc of his wealth or influence, but for his effort of building political alliances for the last decade.

If you have to put that in US terms, it's less about Big Tech, more about dark money and so on.

All systems - political, technological, ecological - need active monitoring, management and occasional triage. This is less about Communist China 'getting it right' about Big Tech, it is they are inherently aware that there are other forces in society which can capture or subvert or control political power compared to the US, which seems to be unaware or uncaring of the takeover of govt by billionaires. The price of political freedom might end solidifying oligarchical control