[Editor Charlie sez: In more news from the Goolag, another awesome panel from the University of Georgia Terry College of Business Artist Rights Symposium, this time on the Internet Archive’s “National Emergency Library” with the Anonymous Librarian, John Degen, Jonathan Taplin, Robert Levine, and moderated by Terrica Carrington.]
Readers of this blog know that that Terry College of Business at University of Georgia hosted the inaugural Artists Rights Symposium Jan 23 2018. All the panel videos are now available on the Terry College of Business YouTube Channel. Here is Jonathan Taplin’s Keynote. It’s fantastic. Funny, concise and likely to make your blood […]
The world’s largest tech companies — Google, Facebook, Amazon, Microsoft and Apple — have become enormous concentrations of wealth and data, drawing the attention of economists and academics who warn they’re growing too powerful. “Platform companies have captured the economy,” said Jonathan Taplin, who argues in a new book and a recent NYT op-ed that the dominant platforms are so big that they’re undermining competition.
Our thought bubble: Despite populist promises, cracking down on Silicon Valley is not one of President Trump’s near-term priorities. Makan Delhrahim, Trump’s top antitrust enforcer at the Justice Department, has pledged to to enforce antitrust violations with respect to online platforms just as he would with any other industry, but insiders expect him to be cautious. And Maureen Ohlhausen, acting FTC chair, said in a recent speech that the agency has no intention of meddling in the way tech companies use algorithms and data.
Great book review of Jonathan Taplin’s new book.
Will Taylor Swift ultimately emerge as a role model for musicians, writers and other artists toiling in the pastures of pop culture? This could become reality because the pop megastar took on a role usually assumed by investigative journalists: She decided to “follow the money.” So when she discovered Apple was prepared to give away her songs for free (no royalties) in a promotion for its streaming service, Swift told Apple, “I don’t ask for free iPhones, so why free music?” Apple backed down after Swift wrote an open letter to its CEO Tim Cook, and not only paid for her music offering during the promotion period, but the tunes of every other artist.
Swift’s rebellion may pay dividends long term by pointing up this broader question: Why is it that, while vastly more creative content is being consumed worldwide, less revenue is flowing to the people who create it? This is the issue probed by Jonathan Taplin in an important new book that demonstrates how intellectual property has been hijacked by what he calls the new “marketing monoculture” led by Facebook, Amazon and Google. Taplin even puts a number on it: He estimates that some $50 billion a year has been quietly shifting from content creators to “owners of the monopoly platforms.”
In today’s NY Times, Jon Taplin of USC notes the continuing lopsided antitrust enforcement by Obama administration (and previous Bush administration). Traditional media companies (and also songwriters) are held to much higher standards while politically connected Silicon Valley monopolies like Google and Facebook get a free pass. This drives down revenues to creators […]