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mattlutze | 4 months ago

Bell also "just" provided telephone service, but had a nation-wide practical monopoly, and so was broken up into different regional operators.

The US has since gotten bad at dealing with companies like this. A company like Google or Amazon could/should be broken up into a few parts and would likely result in those parts together being worth more than when it was just the one company, and more competition in each industry.

Too early and the break-up can kill innovation. Too late and the company will have been a rent-seeking operation for so long that it chokes out dynamism.

It might be too early for OpenAI, but we shouldn't wait until they own all of the next Internet in the way Facebook, Google and Amazon ended up.

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tptacek|4 months ago

Yeah: it had a nationwide monopoly. Breaking up the Bells meant breaking that monopoly. That was the public policy goal of forcibly reorganizing the company.

How do you apply that to the OpenAI case? You have to draw the rest of the owl here.

pinnochio|4 months ago

You don't seem to have read the comment you're replying to carefully enough.