From: Eliezer S. Yudkowsky (sentience@pobox.com)
Date: Thu Jan 28 1999 - 15:31:55 MST
Alexander 'Sasha' Chislenko wrote:
>
> Anybody has any ideas why large-scale boring and annoying services are
> taking over the Net business, and whether this process can ever reverse?
There's a constant stream of new companies coming up from below. They
grow and become large. Once they stop growing, their senior executives
try to satisfy their egos by acquiring other companies and building
empires. The new conglomerate gets some nice headlines as "#1" for a
while, then loses market share until it's back to the size of its
component pieces. Repeat.
Well, if it was that way, it would be nicely symmetric. But even if it
is, it's probably more true of oil companies than 'Net companies. Ask
Robin Hanson.
--
sentience@pobox.com Eliezer S. Yudkowsky
http://pobox.com/~sentience/AI_design.temp.html
http://pobox.com/~sentience/sing_analysis.html
Disclaimer: Unless otherwise specified, I'm not telling you
everything I think I know.
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