This blog started as a supplement for my Economics of Information course at MIT. However, it has expanded beyond that purpose and certainly should not be interpreted as official MIT views.
Adam Raff makes a good argument. At the same time, the Google platform opens up new opportunities for innovation. Assessing the net trade-off would be an interesting research topic.
I'd like to see an analysis of the effect on innovation of Google's buying up companies like Needlebase and Freebase. These platforms permit users to build publicly-accessible data aggregations in their myriad areas of interest. How is the Google conglomerate going to charge for these, and will that effort amount to Google's stifling the public creation of data in favor of the Google-owned monopoly?
I'd like to see an analysis of the effect on innovation of Google's buying up companies like Needlebase and Freebase. These platforms permit users to build publicly-accessible data aggregations in their myriad areas of interest. How is the Google conglomerate going to charge for these, and will that effort amount to Google's stifling the public creation of data in favor of the Google-owned monopoly?
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