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Episode 2009: Keith Teare on why Big Tech might be getting even BIGGER

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Synopsis

All the tech news this week seems to be about how Big Tech is, for better or worse, getting BIGGER. There’s the Department of Justice anti-trust case against Apple, a hail-Mary attempt by Biden’s DOJ to transform to the high-end iPhone into a lower-end Android device. There’s Microsoft’s “acquisition” of InflectionAI, orchestrated by Reid Hoffman, both a co-founder of InflectionAI and a Microsoft board member. There’s a new Saudi $40 billion AI fund. There’s Elon Musk’s Neuralink announcement of an astonishing breakthrough in brain implants. So what becomes of the little guy, the genuine innovator, in this top-down world of titanic capitalism? That Was The Week’s Keith Teare still thinks there’s hope for start-ups without billions of dollars of backing from Musk, Hoffman or some Saudi prince. I’m not sure. My sense is that Big Tech isn’t much different now from Big Pharma or Big Oil. The glory days of the tech start-up are probably over. Tech superpowers now have the economic and political power to mostly elu