"Yeah, what we're doing to make a ton of money right now is skeevy and not adding any actual value the world, maybe even creating negative value, but we promise we're going to spend all of that money on research to advance humanity."
Google and Facebook actually did end up doing that, to good effect, but 1) was it worth it? (maybe, especially if we get benevolent superintelligent AGI directly out of it and Google / FB actually agree to not monopolize or abuse it), but 2) how many times should we accept that excuse from companies? If in the next 10 years, a hot up-and-coming new startup begins to grow rapidly and looks like it'll end up in the FAANG tier, should we also trust them when they say their questionable tactics are worth it because they're gonna spend that money on cool science stuff?
Apple and Netflix don't share the same problem, and that gives them a lot more freedom in other areas, too (but perhaps resulting in them having less total user acquisition potential than Google or Facebook; but of course it's needed less, since every customer is directly giving them money). Uber also doesn't share that problem, and they've contributed quite a bit to the community, though of course they have other problems.
The main problem isn't tech companies or monopolies, IMO; it's the tech companies that survive only by cannibalizing both non-paying users and non-paying non-users who happen to visit just about any website on the Internet (because odds are any given website is using Google Analytics or has some sort of Facebook or Twitter integration). It creates bad incentives.
Of course, there are also separate debates to be had over general issues of monopolization and working conditions (like Amazon fulfillment workers not being able to take bathroom breaks without risking accumulating points which may result in them getting fired), and control over different media platforms (like Google owning the only real video platform in the world and Twitter owning the only real microblogging / "town square" platform, and issues that may come from how they regulate users and content). The advertising stuff is just the cherry on top.
I do think trying to regulate or break them up over the content policing stuff would be a huge mistake, though. Staunch conservatives say they want them to relax their standards and stop being biased against conservatives; staunch liberals say they helped the spread of disinformation, racism, and fascism and should have tighter standards. I think if either side has their way, to any degree, it will be a disaster.
The main problem isn't tech companies or monopolies, IMO; it's the tech companies that survive only by cannibalizing both non-paying users and non-paying non-users who happen to visit just about any website on the Internet (because odds are any given website is using Google Analytics or has some sort of Facebook or Twitter integration). It creates bad incentives.
Wouldn't the world be a better place if the Internet had true micropayments? Culture would no longer dance to the whims of advertisers and executives at huge companies. There would be a more direct connection between creatives and consumers. Then again, we've tried instantly collated online mob rule in the form of social media karma. The nearest equivalents, in the form Patreon supported Instagram models and YouTube stars like PewDiePie and Jake Paul, on the face of it, don't seem to point us in the the best direction.
A huge irony is that the public wants free stuff, and historically has railed against micropayments. However, while they complain, it would seem that microtransactions are going strong, though they are arguably exploitative.
They work for certain kinds of things, but I don't think we'll see the day where people are regularly sending money for the right to open a blog or create an email account.
I don't really know what the answer is for large scale apps with non-paying users. Hopefully other forms of monetization become more popular.
But some kinds of companies should definitely look more into accepting donations and offering premium options in exchange for ad-free viewing plus extra features. I'm paying for YouTube Premium to avoid seeing ads (and they have like one premium show that's pretty good), and I think that's a pretty good deal.
But some new tech startup certainly doesn't have to be skeevy to make money or to be in a position to contribute to research.
That's not true. A lot of times, the projects will start before funding.
> But some new tech startup certainly doesn't have to be skeevy to make money or to be in a position to contribute to research.
That is true, but you're also missing the reality of startups. Just survival alone is hard. Stubbornly sticking to idealism doesn't help that cause, which is why people take money from both China and Saudi Arabia.
That said, industry can definitely do basic research work (e.g. Pharma does). But what google is doing is acquiring any company that might be a real threat to them.
Surely you jest.
Didn't they even crossover into biology on one paper? They're a profit minded entity yes, but no way is it all shaving nanoseconds off of click throughs.
Playing Go against an AI opponent while in a 1970s, crumbling, subway system would make for a good analogy.