Click here to view original web page at www.theamericanconservative.com
Acquisition by Big Tech is an exit strategy born of bad regulation.
Among some conservatives’ main complaints about Big Tech is the way it acquires smaller competitors, stopping them from displacing them like Facebook displaced MySpace. The practice has become so all-encompassing, the argument goes, that it undermines competition and requires strong antitrust action, perhaps unwinding some previous acquisitions in the process.
On the surface, this argument might make intuitive sense. A closer look reveals that the acquisitions strategy is a response to a pair of dilemmas, one genuine, the other wholly artificial, created by regulatory policy. Before breaking out the antitrust machete, we should consider whether a scalpel can improve the situation.
What this means is that large, once innovative firms can appear to do everything right and still not see the disruption coming. The dilemma is that firms must choose between paying attention to their existing audience or to opportunities that will disrupt their existing business. They can be damned either way. Concentrate on refining your product and catering to your core audience can lead you to design the very best buggy whip just as the automobile appears.
On the other hand, diversification for its own sake can doom a company just as much. When Yahoo realized Google was offering better search and email products, it tried video streaming, job matching, and other new products. All failed. And remember the Amazon Fire phone? So does Jeff Bezos.
Click here to view original web page at www.theamericanconservative.com
We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our Substack page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker