u/ice_wendellin r/programming • Recommends
On “Google suffers from a digital petro curse”
Nice article.
For what it's worth, Peter Thiel's explanation is pretty good, too. Basically, all these superfluous business ventures exist so they can avoid regulation. If they are competing in all these areas, then they aren't just a search company and that allows them to avoid regulator attention on their monopoly.
YouTube - Competition is for Losers (starts around 5:34)