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. From 2000 to 2011, the percentage of US adults using the internet had grown from about 60% to nearly 80%.
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