Could decentralized systems replace Google? | Spanlish


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Friday, January 12, 2018

Could decentralized systems replace Google?

The internet is ruled by a small number of massive corporations. Roger McNamee, Co-founder of Elevation Partners on CNBC, says, “Google, Facebook, Amazon are increasingly just super-monopolies, especially Google … The share of the markets they operate in is literally on the same scale that Standard Oil had … more than 100 years ago—with the big differences that their reach is now global, not just within a single country.” Google now owns over 90 percent of the search engine market, and many fear the growing possibility of monopolistic oppression. Free of competition, internet search is essentially wholly controlled by Google,…

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