There are contrasting viewpoints on the role of tech companies in shaping the internet and the economy. Some believe that tech companies have dangerously overtaken our economy, with the top five companies in 2016 being tech companies like Apple, Google, Microsoft, Amazon, and Facebook. They argue that the internet has not brought the expected 'long tail' of revenue to individual artists and content creators, with 80% of the revenues in the music business being derived from 1% of artists. On the other hand, Silicon Valley figures like Peter Thiel, founder of PayPal and early Facebook investor, see themselves as brilliant savants whose genius birthed the age of the internet. Thiel, an avowed libertarian, rejects the value of government aid or interference.
Ever wonder why Silicon Valley seems omnipotent in every arena, not only in technology and business...
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