Rising Tide Rents and Robber Baron Rents
O'Reilly on Data
APRIL 23, 2024
Perhaps a more direct way to say this in the context of economic value creation is that companies such as Amazon and Google and Facebook had developed a set of remarkable advances in networked and data-enabled market coordination. But over time, something went very wrong. The market was maturing. By the end of 2012, it was up to 82%.
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