Why the big-5 tech companies need to be split up
Many are questioning whether Alphabet (owner of Google), Facebook, Apple, Microsoft and Amazon have become so big they are impacting functional competition in the markets they dominate. Another question is whether these organizations have simply become so big that they now constitute a hazard to society. These companies have such a massive number of people on their platforms and generate so much revenue, that their actions impact entire groups of people. They have a revenue stream that is bigger than that of many countries. Complimenting this is their unprecedented dominance in so many aspects of our technological existence; that they control what we see, how we feel and what we (think we) want. As individuals and societies we are now completely reliant on technology; and the future promises much more tech some obvious but a lot more of the subtle type. The big-5 collect data about every miniscule action we perform. They consolidate information from multiple sources they own, combini...