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    "streamTitle": "The Conundrum of Corporate Power",
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      "commentText": "Very interesting counterpoint - How worried about corporate power should we be? A lot, but clearly it is not purely a question of size. \"All four seem to agree that the problem with big business isn’t size but whether that size confers illegitimate power.\" Exactly -- the issue with the tech oligopolies is not their size, alone, but when that size gives them powers that become harmful to public welfare.<br /><br />In the case of Facebook, the combination of size and their ad model leads them to serve advertisers to the detriment of their users, at a scale that does great social and personal harm. Their monopoly on a large-scale social graph enables them to block innovation in desirable social network news filtering services, and thus exert undue control over who sees what information.<br /><br />The answer is not to control size alone, but to require a level of modularity and openness in those services that gain harmful levels of power. That is what the Bell System breakup achieved, and how the Internet began (Web sites, browsers, email, open APIs, etc.). <br /><br />The conundrum is not whether to regulate size, but how to regulate for essential levels of openness to let innovation flourish (and to limit monopoly rents) no matter how big the dominant players may get. Not easy, but that is the task we face. As I suggested in a post yesterday, \"Architecting Our Platforms to Better Serve Us -- Augmenting and Modularizing the Algorithm,\" we need to focus on the issue of the structure and openness of our network services (http://bit.ly/PlatMod).",
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