Commentary on Political Economy

Sunday 13 September 2020

 QUOTE OF THE YEAR! JOHN AUTHERS (BLOOMBERG ) ON HOW FAANGS ARE KILLING PRODUCTIVITY 

Sometimes you have to admit defeat. I find the whole process by which it appears that Oracle Corp. is to end up owning TikTok so bizarre that I cannot come up with anything to say about it. Oracle is about helping productivity in the workplace, and TikTok is about diminishing productivity more or less everywhere. I don’t see the synergy.

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