Our friend, the Web, brings monopolies and lies
The World Wide Web began as a sort of democratic ideal.
There were no borders, no barriers; it was equal access and equal potential. And then … well, human nature took over.
These days, Niall Ferguson (shown here) says in a PBS special Tuesday (March 17), the Web is “an increasingly polarizing and unstable pace, where the truth itself is at a disadvantage.”
It’s also far from equal. In their respective fields, he said, Amazon has 40 percent of the business … Facebook has 70 percent … Google has 90 percent. Read more…