So I envision a world where Walmart and Amazon own everything, probably as partners...
I'm sort of amazed at the generally positive reaction to the news that Jeff Bezos of Amazon is buying the Washington Post.
Right off the bat it seems to me that too much power is being given to one man.
On top of buying the premier online site for recommending books, "Good Reads" this seems to give Bezos unprecedented ability to shape the message.
If you read the NY Times, for instance, you realize how many of the stories in local newspapers all over the country are shaped by the big newspapers. The Wall Street Journal and the Washington Post are the other two big generators of stories.
This gives Bezos an ability to shape the news, sitting on top of the tipping points, more or less influencing the direction of what becomes culturally significant, what becomes a best-seller.
The federal government appears to have complete abrogated their duty to make sure that no one entity gets so big it has monopolistic powers.
Basically, if you aren't part of his influence machine, you are going to be left out.
4 days ago