In Silicon Valley Now, It’s Almost Always Winner Takes All - The New Yorker

www.newyorker.com

Om Malik writes about the failure of Richard Branson’s ride-sharing venture, Sidecar,  and talks about a world where economies of scale and network effect lead to winner takes all.

A goal of decentralizing the internet is turning the components of "winner-who-took-all" products like Facebook into public infrastructure. 

Can Bitcoin and the blockchain bring more opportunities for innovation and profit, so that instead of, for example, one large firm profiting off the social graph like Facebook does, the social graph was instead a decentralized piece of public infrastructure off of which multiple firms could profit? Will this increase or decrease the inequality that Graham described in the previous link?

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