rainman + 263 November 1, 2018 Silicon Valley technology giants such as Facebook and Google have grown so dominant they may need to be broken up, unless challengers or changes in taste reduce their clout, the inventor of the World Wide Web told Reuters. The digital revolution has spawned a handful of U.S.-based technology companies since the 1990s that now have a combined financial and cultural power greater than most sovereign states. Tim Berners-Lee, a London-born computer scientist who invented the Web in 1989, said he was disappointed with the current state of the internet, following scandals over the abuse of personal data and the use of social media to spread hate. “What naturally happens is you end up with one company dominating the field so through history there is no alternative to really coming in and breaking things up,” Berners-Lee, 63, said in an interview. “There is a danger of concentration.” But he urged caution too, saying the speed of innovation in both technology and tastes could ultimately cut some of the biggest technology companies down to size. “Before breaking them up, we should see whether they are not just disrupted by a small player beating them out of the market, but by the market shifting, by the interest going somewhere else,” Berners-Lee said. Apple, Microsoft, Amazon, Google and Facebook have a combined market capitalization of $3.7 trillion, equal to Germany’s gross domestic product last year. 1 Quote Share this post Link to post Share on other sites
pinto + 293 PZ November 1, 2018 He’s created a new, parallel web that will allow users to bypass the flawed behemoths known as Facebook, Amazon and Google. The project, called “Solid,” is his mission to decentralize the web by letting users choose where their data are kept, along with who can see and access it. 1 1 Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD November 1, 2018 So, nothing new here. Theory is far away from practice... "Frankeisteins" are part of our world.. Strong rules, not control, are step forward for a virtual - social media - big brother world Quote Share this post Link to post Share on other sites
50 shades of black + 254 November 1, 2018 Facebook and Google have grown so dominant and it doesn't make no sense, it's not real to talk about their "break up"... 1 Quote Share this post Link to post Share on other sites
Pavel + 384 PP November 1, 2018 23 minutes ago, rainman said: ....(..) Apple, Microsoft, Amazon, Google and Facebook have a combined market capitalization of $3.7 trillion, equal to Germany’s gross domestic product last year. And after this someone thinks about controlling or extinguishing gold mine... Quote Share this post Link to post Share on other sites
ThunderBlade + 231 TB November 1, 2018 All those companies will become obsolete and replaced by new decentralised ones on the blockchain... 1 1 Quote Share this post Link to post Share on other sites
pinto + 293 PZ November 1, 2018 I thought the Web Would stop hate, not spread It. So did many of us. But it spreads it. There is no intelligent discussion and debate? Google, Facebook and Twitter mostly are reacting after "incident". Where is proactive approach? And why don’t they accept responsibility? They’re making billions... Quote Share this post Link to post Share on other sites
JunoTen + 118 ZF November 1, 2018 Those companies will be replaced by the next big thing. Which is blockchain. Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 1, 2018 4 hours ago, JunoTen said: Those companies will be replaced by the next big thing. Which is blockchain. Please explain, if you wish. I only have a very general idea of how it works. How will blockchain change social media and why would it be needed at all with Solid? Is it incorporated into Solid? Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 2, 2018 4 hours ago, ronwagn said: Please explain, if you wish. I only have a very general idea of how it works. How will blockchain change social media and why would it be needed at all with Solid? Is it incorporated into Solid? I answered my own question here. I will be adding to it occasionally. https://docs.google.com/document/d/1y5zM9xIuWFqtO_WUdLLSpbe1c0OfUmRUzSfoVZweXNE/edit# Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 2, 2018 14 hours ago, rainman said: Silicon Valley technology giants such as Facebook and Google have grown so dominant they may need to be broken up, unless challengers or changes in taste reduce their clout, the inventor of the World Wide Web told Reuters. The digital revolution has spawned a handful of U.S.-based technology companies since the 1990s that now have a combined financial and cultural power greater than most sovereign states. Tim Berners-Lee, a London-born computer scientist who invented the Web in 1989, said he was disappointed with the current state of the internet, following scandals over the abuse of personal data and the use of social media to spread hate. “What naturally happens is you end up with one company dominating the field so through history there is no alternative to really coming in and breaking things up,” Berners-Lee, 63, said in an interview. “There is a danger of concentration.” But he urged caution too, saying the speed of innovation in both technology and tastes could ultimately cut some of the biggest technology companies down to size. “Before breaking them up, we should see whether they are not just disrupted by a small player beating them out of the market, but by the market shifting, by the interest going somewhere else,” Berners-Lee said. Apple, Microsoft, Amazon, Google and Facebook have a combined market capitalization of $3.7 trillion, equal to Germany’s gross domestic product last year. Here are some details on Solid and Blockchain https://docs.google.com/document/d/1y5zM9xIuWFqtO_WUdLLSpbe1c0OfUmRUzSfoVZweXNE/edit# Quote Share this post Link to post Share on other sites
JunoTen + 118 ZF November 10, 2018 On 11/1/2018 at 11:44 PM, ronwagn said: Please explain, if you wish. I only have a very general idea of how it works. How will blockchain change social media and why would it be needed at all with Solid? Is it incorporated into Solid? It's because blockchain provides the framework for decentralized applications, that means applications such as social networks that won't be ran from central servers. So there won't be one company deciding to censor messages. 1 Quote Share this post Link to post Share on other sites