By Drew Johnson
As Silicon Valley pours hundreds of billions of dollars into an artificial intelligence arms race, a parallel battle is unfolding over something far less visible but just as consequential: Netflix and a legion of tech giants — such as Apple, Microsoft, and Google — are quietly collaborating to seize control of the technologies behind video streaming.
This erosion of a competitive marketplace will inevitably lead to stagnant innovation, subpar consumer electronics, and a shrinking job market for the American workforce.
As a career-long supporter of the small business sector, I have witnessed firsthand how agile innovators can disrupt the status quo and eventually take the lead. However, once these startups become the establishment, they frequently succumb to the temptation of protecting their territory. Instead of out-innovating the next generation, they attempt to paralyze them.
Continue reading “Big Tech’s Hidden Plan to Strangle Streaming Innovation”
