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  1. The New York Times CompanyPeter Eavis, Steve Lohr8/19/206 min
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    The New York Times Company
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    • bartadamley3 years ago

      With the outbreak of the coronavirus, this has only accelerated Big Tech's immense domination, as really they own the digital game. It is interesting to see how this dynamic continues to shape out, as we do largely benefit from these companies, and yet as the rest of our economy continues to deteriorate with smaller businesses folding... we have to question if this is truly the best scenario for us.

      Here is an insane statistic to highlight Apple's monstrous growth since the pandemic.

      Apple’s stock market value, the highest of the bunch, is nearly $2 trillion — double what it was just 21 weeks ago.

      Think you are straying away from Big Tech using services such as Netflix, Doordash or Slack? Think again.

      “On a typical work-from-home day, a person might communicate with colleagues using Slack, attend videoconferences on Zoom, order takeout food via DoorDash and in the evening watch a movie on Netflix, said Jonathan Welburn, a lead author on the RAND study. All of them run their businesses on Amazon Web Services.”

      Insane times to say the least, what do we do about it?