The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

A Member of the Law Professor Blogs Network

Tuesday, August 13, 2013

Tech Oligarchs

I have been saying for a long time that Google is to be feared (as well as used; I'm not crazy). There's also a big issue in their stock structure -- multi-class so control can remain concentrated in a few wizards. I feel as if I should have something to say about it, but hey, it's the market and all that.  But what if we are evolving toward a world in which a few goofball geniuses call the shots for the rest of us?  Still, try to fix it and you end up with Congress concocting something just as bad.

http://rightcoast.typepad.com/rightcoast/2013/08/tech-oligarchs.html

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Comments

Tom, I'm very familiar with the tech industry. Trust me--if tech giants end up ruining your life, it will be through rampant incompetence and confusion, not political ambition and power-lust.

Posted by: Dan Simon | Aug 14, 2013 12:40:39 PM