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1. Startups vs. Big Tech: Silicon Valley's ethos of innovation through disruption by startups is largely being replaced by a trend where startups are often acquired by big tech companies instead of growing to become independent challengers. 2. Co-opting Disruption: Big tech companies use their resources and influence to neutralize potential startup competitors by integrating them into their ecosystems, often redirecting their innovative potential towards reinforcing the status quo rather than disrupting it. 3. Strategies of Influence: These companies deploy strategies such as taking board seats in startups, providing them with funding, and granting access to critical data, all aimed at steering startups away from paths that could threaten their dominance. 4. Impact on Innovation: This trend is stifling meaningful innovation and competition, as startups focus on less ambitious projects that align with the interests of big tech, slowing the pace of technological advancement and economic growth. 5. Regulatory Response: The article suggests that current regulatory approaches might be insufficient to address these subtler forms of anti-competitive behavior and calls for a reevaluation of antitrust perspectives to foster a more competitive and innovative tech landscape. https://lnkd.in/dk7ypyNP

Silicon Valley used to reward innovation. Now it strives to sabotage it.

Silicon Valley used to reward innovation. Now it strives to sabotage it.

businessinsider.com

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