Key picks: two out of five!

Friday 12th May 2017
Courtesy: expansion.mx

Amazon, Apple, Microsoft, Facebook and Google dominate our day-to-day activities. Imagining being forced to give up some of them could lead to hard choices, writes Farhad Manjoo in his State of the Art article in the New York Times. He points out that “We are, all of us, in inescapable thrall to one of the handful of American technology companies that now dominate much of the global economy. I speak, of course, of my old friends the Frightful Five: Amazon, Apple, Facebook, Microsoft and Alphabet, the parent company of Google

The five are among the most valuable companies on the planet, collectively worth trillions. (Apple reached $800 billion in market capitalisation this week, the first of any public company to do so.)  Despite the picture of Silicon Valley as a roiling sea of disruption, these five have gotten only stronger and richer over time.

Their growth has prompted calls for greater regulation and antitrust intervention. There’s rising worry, too, over their softer, noneconomic influence over culture and information — for instance, fears over how Facebook might affect democracies — as well as the implicit threat they pose to the jurisdictions of world governments.  

Manjoo opts to retain Google and Amazon  His reasons are interesting.  This weekend Gaberlunzie's  game for you is "How would you rank your top two?"

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