Rising Tide Rents and Robber Baron Rents
O'Reilly on Data
APRIL 23, 2024
Instead of continuing to deploy their attention optimization algorithms for their users’ and suppliers’ benefit, the tech giants began to use them to favor themselves. By the end of 2012, it was up to 82%. Some of those innovations, like Amazon’s cloud computing business, represented enormous new markets and a new business model.
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