Breaking up big tech would oxygenate the entire tech sector.
Startups would be able to grow larger. There would be less threat from big tech coming in to eat your market, and M&A wouldn't be the preferred exit strategy.
Tech talent would be able to get paid more without big tech setting wages and orchestrating coordinated layoffs. More successful startups = more money for venture and labor capital. Right now that money just goes to institutional shareholders which are not the innovation drivers of the economy.
Startups will actually get to compete for markets rather than having them won and subsidized by unrelated business units at the big tech titans. The solutions delivered will fit the market needs much better.
Even big tech itself might fetch a higher valuation and be greater than the sum of its parts. So much of big tech is inefficient, untethered from market realities (eg. Alexa), and a waste of talent and human capital on dead end projects. Having Jeff Bezos "pay whatever it takes" to acquire the rights to "007" is a sign of how bloated these market distorting companies have become.
Startups would be able to grow larger. There would be less threat from big tech coming in to eat your market, and M&A wouldn't be the preferred exit strategy.
Tech talent would be able to get paid more without big tech setting wages and orchestrating coordinated layoffs. More successful startups = more money for venture and labor capital. Right now that money just goes to institutional shareholders which are not the innovation drivers of the economy.
Startups will actually get to compete for markets rather than having them won and subsidized by unrelated business units at the big tech titans. The solutions delivered will fit the market needs much better.
Even big tech itself might fetch a higher valuation and be greater than the sum of its parts. So much of big tech is inefficient, untethered from market realities (eg. Alexa), and a waste of talent and human capital on dead end projects. Having Jeff Bezos "pay whatever it takes" to acquire the rights to "007" is a sign of how bloated these market distorting companies have become.
This needs to happen and is long overdue.