Tech Titans Shift And Change: Worrying About Dominance Is A Fool's Game
from the this-time-it's-different! dept
I've lived in Silicon Valley for a little over thirteen years now, and the one thing I've learned is that nothing is permanent. When I moved out here, the "big fight" over who was going to dominate the tech landscape was supposed to be between Netscape, Microsoft and AOL. No one had heard of eBay (and people thought that "OnSale" -- an online auction house -- had a better business model). Amazon was around but was "never going to be profitable." Google didn't exist. The search engine of choice was AltaVista or Lycos. Social networking was a site called "SixDegrees." Seriously. It was a big hit the summer of 1998 when everyone was connecting with their friends.Just a few years ago, it was decided that the battle for the internet was between the "big three" of Google, Yahoo & Microsoft -- better known as GYM. Those three dominated the tech space and there was nobody else "big" worth mentioning.
So, it's a bit funny to see a new report declaring that, today, there's a "Gang of Four" who are fighting to dominate the tech world: Google, Apple, Amazon and Facebook. GAAF? AGAF? As in the past, the article seems to think that this battle is the permanent state of the world, with those four being the only players. It talks about how this battle is raising antitrust concerns and worries about less openness.
However, I'm with Adam Thierer in thinking this is totally overhyped "chicken little-ism."
Isn’t it funny how all the recent hand-wringing about the supposed dominance of today’s big four fails to mention Microsoft, Intel, AltaVista, AOL, Yahoo!, BlackBerry, or the old telcos? It would have been impossible to pen anything about technology “dominance” in past years and not mention those companies. Today, they rarely get a mention, except perhaps to highlight their rapid fall from the upper echelons of Tech Titan-dom.Five years from now, you can pretty much bet we'll be discussing a very different set of companies aiming for tech dominance. Their may be some crossovers, but it's likely that at least one company on the list is one that you've either barely heard of today or you haven't heard of at all. The tech industry is ruthless and ever changing. It's tough to stay on top for very long, and any effort to totally close things off will be seen by smart entrepreneurs as an opportunity to jump in and compete, with openness.
This week’s big news was Google’s bid for Motorola, which positions the search giant better for battle in the smartphone and tablet wars with Apple. Think about it: A company that didn’t even exist 15 years ago and got started in a garage is now making telecom giants sweat. Meanwhile, Facebook, a company started in a college dorm, made News Corporation’s $580 million bet on MySpace turn out to be a mega-turkey. Meanwhile, Apple had what former CEO John Sculley called a “near-death experience” just 15 years ago only to experience a Lazarus-like rebirth and revolutionize the computing, online music, and mobile device sectors. Finally, Amazon.com, along with Apple, has upended media distribution methods and forced mass media giants to rethink how content is priced, bringing prices down in the process.
This is capitalism at its finest, not the catastrophe the tech pessimists preach about.
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Filed Under: change, disruption, innovation, tech
Companies: amazon, apple, facebook, google
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John Harvey Jones
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I love Google
My love for Microsoft waxes and wanes. Sometimes MS listens to what customers want (windows 7) and sometimes they piss us off (windows Vista). It's the name of the game.
Same with Google. I currently love them for their leading edge innovation, but it is a slippery slope. Trust gained is easily lost. Look at those, like me, who jumped off the Facebook bandwagon when someone gave us what they failed at, privacy. Now my co-workers do not relive my family gatherings simply because they are both my social network friends.
I have grew up with the tech industry from the days of the commadore 64. I completely agree with here Mike.
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So wrong predictions prove nothing to worry about!
However, they may ALL be evil, and then what?
By the way, last I heard, Microsoft was still a player.
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Re: So wrong predictions prove nothing to worry about!
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Re: So wrong predictions prove nothing to worry about!
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Hopefully the new big four realize the fault of the previous fallen giants and get the protections they need to survive!
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Re:
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Skeptical about Facebook
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Same old hype
A few years from now Twitter and Facebook will have fallen and new social media giant will be on top, Google will still exist but not be at the the absolute top in every measurable way (kinda like how MS is now), etc...
Its an ongoing process where some rise and fall, some rise and go into oblivion, some go into oblivion before they even rise, etc...
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Entropy Just Isn't What It Used To Be
Of course there were scuffles over patents and copyrights and what constituted an IBM clone vs. what constituted IP violation. These days there's no way it would have happened. IBM would simply sue everybody in sight who tried to make a clone, the courts would back them up, and the market would continue to be fragmented for at least another decade.
Nobody at the time could imagine IBM losing dominance, they were so powerful. And yet... here we are.
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