I agree with Dave Winer:
Senator Lindsey Graham asked Zuck the right question on Tuesday. Who are your competitors? The answer is they have none, though Zuck wouldn’t say that. That is the big problem. Solve it and all the others go away.
Zuck tried to laugh off the question, but the answer was as clear as day and he knew it. In the social-networking business, Facebook is the monopoly to end all monopolies.
This morning’s Observer column:
Ideology is what determines how you think when you don’t know you’re thinking. Neoliberalism is a prime example. Less well-known but equally insidious is technological determinism, which is a theory about how technology affects development. It comes in two flavours. One says that there is an inexorable internal logic in how technologies evolve. So, for example, when we got to the point where massive processing power and large quantities of data became easily available, machine-learning was an inevitable next step.
The second flavour of determinism – the most influential one – takes the form of an unshakable conviction that technology is what really drives history. And it turns out that most of us are infected with this version.
It manifests itself in many ways…