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The shutdown of ride-sharing startup, SideCar, is part of technology industry’s reality. It is also part of the new emergent reality — today’s technology business are made up with a tight loop of algorithms, infrastructure and data. Add network effects to the mix, and you start to see virtual monopolies emerge almost overnight. Case in point, Facebook. Technology is now a “winner take all” game. [The New Yorker]

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Om Malik

Om Malik is a San Francisco based writer, photographer and investor. More....

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