• Hobbes_Dent@lemmy.world
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    4 days ago

    The social contract struck between the U.S. government and Silicon Valley—which the American people became an involuntary party to—was straightforward: We will let a handful of tech bros become unfathomably wealthy and in exchange they will build a tech industry that keeps America globally dominant. Instead, the tech bros broke the bargain. They took the money, but instead of continuing to innovate and compete, built monopolies to keep out competition—even getting the help of the U.S. national security state to block Chinese access to our tech. But they couldn’t keep out of the competition forever. Lina Khan was right. And now here we are.

    • futatorius@lemm.ee
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      3 days ago

      Wow, we could have been talking about Jacquard mills and running essentially the same narrative.

    • NeoNachtwaechter@lemmy.world
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      3 days ago

      they will build a tech industry that keeps America globally dominant.

      I don’t buy it.

      At least this Altmann guy has already made it clear that he personally wants to be the ruler of the world, and he builds the tools to bring him there.