Here’s the ugly truth: Facebook and Google are profit-maximizing quasi-monopolies who will do anything to protect their monopolies.
Of the many remarkable trend changes of the past year, few are more striking than the fawning embrace of Facebook et al. by Big Media turning to an enraged sense of betrayal. Facebook and Google–by their own self-definitions, shining beacons of liberalism and goodness (we’re not evil, we’re fantabulous!)– were viewed by the famously liberal Big Media as allies in the fight against Trump, illiberalism, populism, deglobalization, etc.
Now, to their horror, Big Media has discovered that not only did their Big Tech sweethearts betray their affection and trust, they’re just another bunch of predatory profit-maximizing monopolies who will stab anyone and everyone in the back who gets in their way to higher profits and more power.
The Adventures of the …
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It would be sad if it wasn’t so pathetic. Poor Big Media, so anxious to be hip and with it, so anxious to impress social media while trying to exploit its reach to prop up their own dying business model. Big Media, so easily seduced by Big Tech: we’re liberal, too, and together we’ll lead the world out of darkness into light, blah blah blah.
Then Big Media discovered its virtue-signaling liberal sweetheart, Big Tech, is just as threatened by liberals as by conservatives, and it turns its firepower on liberals with the same savage abandon as it does on independent and conservative media.
The bitter rage of the previously besotted and now betrayed suitor is evident in these recent articles in The Atlantic, New York Times and Washington Post, all bastions of…