History suggests that Jack Welch’s philosophy that “a company should be #1 or #2 in a particular industry or else leave it completely” is even more applicable to the tech industry, where the top player can build a sustainable and ever-growing business but everyone else is practically better off getting out.
Source: Is Technology A Zero-Sum Game? | TechCrunch
Is this a problem born, or intensified, by turning people and the data about them into the product with profit margins determined by our willingness to be exploited/manipulated combined with the asymmetry of information about how the exploitation/manipulation is happening?
From comments:
I think a core issue that is not raised, is that if the data is so valuable, why do more people not insist on reaping the rewards of sharing their data?
— anonymous