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Big Tech’s Three Identical Strangers
By Advisor Perspectives
The U.S. government must determine how to deal with the negative consequences of some of the last decade’s most successful internet-based businesses. Alphabet, Facebook and Amazon grew up as strangers and have developed monopolies in search, social media and in e-commerce. The stock market has been very excited about the control over people they have attained and the “big data” they use in advertising and e-commerce. In many ways, these tech behemoths are “three identical strangers.”
The arms race in streaming content created a flourishing environment for documentaries. Humans are learners and the stories told in documentaries teach us about subjects we might not have learned otherwise. On a recent flight, I watched Three Identical Strangers, about the story of three identical triplets separated at birth. Each one of these boys was adopted by a different family and those families had no idea the other two brothers existed.
Read more at Advisor Perspectives.
Photo: Steve Jurvetson