This is another great essay by Benedict Evans on what most people (lawmakers included) don’t think about when they talk about regulating tech. It’s an insightful piece coming from a true expert in this space.
That’s a lot of the appeal of a phrase like ‘break them up!’ – it has a comforting simplicity, but doesn’t really give us a route to solutions. Indeed, ‘break them up’ reminds me a lot of ‘Brexit’ – it sounds simple until you ask questions. Break them up into what, and what problems would that solve? The idea that you can solve the social issues connected to the internet with anti-trust intervention is rather like thinking that you can solve the social issues that come from cars by breaking up GM and Ford.
I just can’t agree more.
Read the essay, then read it again, then thank Benedict for enlightening us.