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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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Letter from Om

A (nearly) daily dispatch about tech & future.

You will get my reporting, analysis, conversations, and curation of the essential information you need to make sense of the present future.

Check your inbox or spam folder to confirm your subscription.

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