The case for industry breakups comes from Thomas Jefferson's idea that occasional revolutions are important to the health of any system. As he wrote in 1787, “a little rebellion every now and then is a good thing, and as necessary in the political world as storms in the physical one.

Tim Wu

Categorized in : Ideas Breakup Political

Markets are born free, yet no sooner are they born than some would-be emperor is forging chains. Paradoxically, it sometimes happens that the only way to preserve freedom is through judicious controls on the exercise of private power. If we believe in liberty, it must be freedom from both private and public coercion.

liberty exercise believe

Nothing, save the hangman's noose, concentrates the mind like pil... by Tim Wu

Nothing, save the hangman's noose, concentrates the mind like piles of cash.

hangman cash mind

History shows a typical progression of information technologies: from somebody's hobby to somebody's industry; from jury-rigged contraption to slick production marvel; from a freely accessible channel to one strictly controlled by a single corporation or cartel-from open to closed system.

hobbies typical technology

Net neutrality is the principle that the service providers who control or access, who own the pipes, should not favor some content over another. It's, you know, an even playing field for stuff on the Internet, and, you know, I think it's very important to the medium that it have a rough quality among contents. Everyone has their shot.

quality important thinking

The best antidote to the disruptive power of innovation is overre... by Tim Wu

The best antidote to the disruptive power of innovation is overregulation.

antidote disruptive innovation

The breakup of Bell laid the foundation for every important communications revolution since the 1980s onward. There was no way of knowing that thirty years on we would have an Internet, handheld computers, and social networking, but it is hard to imagine their coming when they did, had the company that bured the answering machine remained intact.

communication breakup knowing

The most interesting thing about Google is its founders hated adv... by Tim Wu

The most interesting thing about Google is its founders hated advertising.

google advertising interesting

The blessing of the state, implicit or explicit, has been crucial to every twentieth-century information empire.

empires information blessing

BE THE MEDIA is uplifting and empowering. by Tim Wu

BE THE MEDIA is uplifting and empowering.

empowering media uplifting

If we generally like the way things are now, we must also ask whether our current situation is really so different from the open ages of radio, film, or the telephone. Might it not also have seemed in those times that the orgy of limitless entrepreneurism would never end? The point is that we are near the high end of a pendulum arc that, so far, has aways begun to swing in the opposite direction -toward greater integration and centralization- with a force that can seem inexorable.

swings age opposites

Advertising just keeps getting heavier and heavier and heavier. It doesn't have any natural limit, and we haven't found the place for the limit. And I think it's really important, therefore, that some of the revolts that are undergoing right now, you know, whether it's ad blockers or other things, are people trying to set some lines so that we say, you know, this far but no further. And this is where it ends.

important people thinking

We're going to put Hulu ahead of you, unless you pay up. by Tim Wu

We're going to put Hulu ahead of you, unless you pay up.

pay

In the media, traditional media like print, we had boundaries. You know, we had spaces that ads didn't leave. They stayed where they were on the page. They didn't float around over the text. And we're kind of lost on the internet. We don't have any barriers. We have a demand for growth that is insistent.

growth media space

I am the most concerned that we end up in a situation where your - everything is known about you and so therefore, not only Google, but Google, Facebook, Twitter - the whole set of companies - essentially knows all your weaknesses and therefore how to manipulate you in subtle ways in order to have you do things you might not otherwise do.

google weakness order

Movies you pay for - well, sometimes they throw some ads at the beginning now - but generally you pay for ads. And that business model - actually, much more ancient, paying for stuff - is much more straightforward in terms of the incentives of the people who are then giving you the stuff.

incentives giving people

Starting with radio, starting with television, we got used to this idea of stuff being free as long as you just watch a few ads.

being-free long ideas

I wish more of the web had stayed nonprofit. But the advertising model took over and I think has delivered us to where we are, along with the development of content, which is designed to do nothing else but make you click on it or share it. And I think it's kind of a low goal for content, and I think that's taken us to our current abyss.

taken goal thinking

I think Google is the most successful attention merchant - profitable attention merchant in the history of the world, most successful advertising-only based company - most profitable. They started a very idealistic, beautiful company in many ways, but they didn't have a business model.

successful beautiful thinking

You have to think back to the '90s. The computer was this terrible-looking thing that was trying to compete with the television. And it was this idea of email and chat rooms and this kind of stuff that first people - got people there.

people ideas thinking

Socialization would be the most successful thing to bring mainstr... by Tim Wu

Socialization would be the most successful thing to bring mainstream audiences to online computers.

computer successful would-be