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Tim Wu • The Master Switch: The Rise and Fall of Information Empires (Vintage)
Here we see a rift that will appear in virtually every information industry, the fault line between the virtues of centralized and of decentralized decision making, between the imperative to produce at scales that justify production costs and the desire for variety.
Tim Wu • The Master Switch: The Rise and Fall of Information Empires
Most important was the idea that grounds much of this book: that antitrust represented a democratic choice of economic structure and a check on the political and economic power of the monopolies.
Tim Wu • The Curse of Bigness: Antitrust in the New Gilded Age
Or, as Robert Pitofsky put it, we should always be concerned that “excessive concentration of economic power will breed antidemocratic political pressures.”
Tim Wu • The Curse of Bigness: Antitrust in the New Gilded Age
The Master Switch: The Rise and Fall of Information Empires
amazon.comIn an information industry the cost of monopoly must not be measured in dollars alone, but also in its effect on the economy of ideas and images, the restraint of which can ultimately amount to censorship.
Tim Wu • The Master Switch: The Rise and Fall of Information Empires
It was beginning to seem that the same might be true of information systems.
Tim Wu • The Master Switch: The Rise and Fall of Information Empires (Vintage)
We sometimes treat the information industries as if they were like any other enterprise, but they are not, for their structure determines who gets heard. It is in this context that Fred Friendly, onetime CBS News president, made it clear that before any question of free speech comes the question of “who controls the master switch.”