tldr; Tech giants like Facebook, Google and Apple are all monopolies precisely because their business models benefit disproportionately from scale, measured by the numbers of users. With fewer viable competitors, there’s less incentive for big tech to create a quality user experience or act properly, outside of their pursuit of profit. Decentralization offers better governance to prevent narrow-minded profit maximization.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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