Move Fast and Break Things by Jonathan Taplin | Saturday Review | The TimesAs in, these bastards are breaking the world, and getting away with it. Get The International Pack for free for your first 30 days for unlimited Smartphone and Tablet access. Already a member? Log in. Already a subscriber or registered access user?
MOVE FasT and Break Things
Jonathan Taplin. Jonathan Taplin offers a succinct and powerful history of how online life began to be shaped around the values of the men who founded these companies, including Peter Thiel and Larry Page: overlooking piracy of books, music, and film while hiding behind opaque business practices and subordinating the privacy of individual users in order to create the surveillance-marketing monoculture in which we now live. The enormous profits that have come with this concentration of power tell their own story. Since , newspaper and music revenues have fallen by 70 percent; book publishing, film, and television profits have also fallen dramatically. Today, Google's YouTube controls 60 percent of all streaming-audio business but pay for only 11 percent of the total streaming-audio revenues artists receive. More creative content is being consumed than ever before, but less revenue is flowing to the creators and owners of that content.
The modern world is defined by vast digital monopolies turning ever-larger profits. Those of us who consume the content that feeds them are farmed for the purposes of being sold ever more products and advertising. Those that create the content — the artists, writers and musicians — are finding they can no longer survive in this unforgiving economic landscape. In Move Fast and Break Things , Jonathan Taplin offers a succinct and powerful history of how online life began to be shaped around the values of the entrepreneurs like Peter Thiel and Larry Page who founded these all-powerful companies. Their unprecedented growth came at the heavy cost of tolerating piracy of books, music and film, while at the same time promoting opaque business practices and subordinating the privacy of individual users to create the surveillance marketing monoculture in which we now live.
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Move Fast and Break Things tells the story of how a small group of libertarian entrepreneurs began in the s to hijack the original decentralized vision of the Internet, in the process creating a set of monopoly firms—Facebook, Amazon and Google—that now determine the future of the music, film, television, publishing and news industries. Taplin offers a succinct and powerful history of how we got to this point. He begins with a small group of libertarian entrepreneurs, Peter Thiel and Larry Page among them, who in the s began to hijack the original decentralized version of the Internet. The enormous profits that have come with this concentration of power tell their own story. More creative content is being consumed that ever before, but less revenue is actually flowing to creators and owners of the content. If you think this is a problem only for musicians, or journalists, you are wrong. With the reallocation of money to monopoly platforms comes a shift in power.