Wednesday June 13, 2018

AT&T to Take Over Time Warner

If you think that Net Neutrality officially ending this week, and this decision coming so soon are coincidence, you might be wrong, and might be right. Now that we are at the mercy of the big companies that will control internet access, this write-up at TechCrunch outlines our dystopian future on the internet. And it also puts forward that Netflix and Alphabet need to become ISPs fast in order to save us from our corporate overlords. Corp Overlords vs Tech Overlords...Fight!

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One sad note though is how much the world of video is increasingly closed to startups. When companies like Netflix, which today closed with a market cap of almost $158 billion, can’t necessarily get enough negotiating power to ensure that consumers have direct access to them, no startup can ever hope to compete. America may believe in its entrepreneurs, but its competition laws have done nothing to keep the terrain open for them. Those implications are just beginning.

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