The Power of Defaults

At its inception between the 1960s and 1990s, the internet was imagined as a decentralized, horizontal and open space that would foster freedom and equality. Today, it is a collection of walled gardens, a hierarchical ecosystem ruled by a few gatekeepers who leverage access to data, attention and infrastructural capability to enclose users and comp... See more

Controlling valuable pillars of internet utility -- the flow of information, social connections, music and video delivery -- has created tremendous wealth for a few while very little for stakeholders not on the company’s cap table.

I do not think it is hyperbole to say the internet is the most important invention of the last 100 years, and very likely might be the most important invention of the next 100 years. It is currently about to be controlled by five companies, and they make all the money and have all the power. I believe we need countervailing technologies that allow ... See more