• AutoTL;DR@lemmings.worldB
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    9 months ago

    This is the best summary I could come up with:


    They’ve established impenetrable monopolies using unethical tactics, manipulating both web traffic and revenue to reap substantial profits, writes German media expert Martin Andree, who has just published the book “Big Tech muss weg!”

    Andree found in his research that the majority of online activity is concentrated in just a handful of websites, gathering 70% of internet traffic, while the remaining digital space resembles a “vast graveyard.”

    According to Andree, Google, Facebook, Amazon and their counterparts have executed a “hostile takeover” of the internet by exploiting regulatory loopholes and thus misleading state institutions.

    “This leads to a glaring and feudalistic system of regulation,” he says, meaning that the companies can dictate the conditions for e-commerce on their platforms or which user data they can collect.

    Many voices of caution have emerged since the tech industry’s initial mission, rooted in the Californian spirit of the 1960s, to bring new freedom, exchange and transparency to the world.

    Yet, few have explained the “brave new internet world” as comprehensively as Andree, outlining winners and losers so clearly and highlighting the undeniable risks to democracy and the economy.


    The original article contains 656 words, the summary contains 170 words. Saved 74%. I’m a bot and I’m open source!

  • MooseBoys@lemmy.world
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    9 months ago

    reads; nods; reads; reads; nods…

    Also, it must be ensured that user data is accessible to all competitors.

    whaaaaaaaat!?

    • Dojan@lemmy.world
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      9 months ago

      Yeah this surprised me too. I thought he might mean that no single company should have a monopoly on user data, but surely the individual user is the one who should have control over who accesses it or not?