GIGAMΞSH pfp
GIGAMΞSH
@gigamesh
What is the steelman defense of being in favor of "little tech" while being against breaking up the biggest tech companies?
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GIGAMΞSH pfp
GIGAMΞSH
@gigamesh
Still feel like this is the best idea for squaring the circle, yet nobody in gov or media talks about it: https://moores.samaltman.com/
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6 reactions

phil pfp
phil
@phil
i believe a general belief in non-interventionist free markets supports both of these positions
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will pfp
will
@w
big tech make lots of acquisitions which is a v important exit route for little tech which allows investors to take more risks in funding great teams big tech acq: the original RPGF
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Dan Romero pfp
Dan Romero
@dwr.eth
1. The people arguing for little tech are the biggest investors in said companies 2. General belief that "creative destruction" is a net win for consumers, economic growth in the long run
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Varun Srinivasan pfp
Varun Srinivasan
@v
Big tech needs guardrails to prevent monopoly power but breaking up is an ineffective guardrail
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Johan pfp
Johan
@salbridius
"Promote innovation and competition by supporting smaller tech companies without dismantling the benefits of big tech."
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callum pfp
callum
@csmit
What Phil said, free market should mean that innovation and good products are not stifled - whether it be from the government or large corporations engaging in monopolistic practises
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Gina Lopez🎩✨ pfp
Gina Lopez🎩✨
@ginah
Big tech enables innovation while little tech ensures resilience and diverse competition.🤷🏻‍♀️
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🎀 sonya (in theory) 🐰 pfp
🎀 sonya (in theory) 🐰
@sonyasupposedly
little tech wants to become big tech (often, anyway). entrepreneurs don't trust you if you fuck with other entrepreneurs, which is a big deal for VCs (e.g. ousting Travis Kalanick was v. unpopular among founders)
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