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Big Tech’s Three Identical Strangers

By Advisor Perspectives
Capital Markets

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

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