Microsoft founder Bill Gates has a message for Silicon Valley: Do not be Microsoft.
In the 1990s, the Seattle software giant became an enemy number one for the US anti-trust regulators. Flexing its market muscle, the software giant elbowing out potential software and hardware competitors. Briefly, Microsoft became one of the most valuable companies of all time , fortitude regulators clipped its wings, forcing it to curb aggressive practices in new markets, Google, Intuit, Facebook .
Today, tech giants such as Facebook and Google have been put on Said in an interview with Axios. “The companies need to be careful that they are not … advocating things that would prevent government from being able to, under appropriate review, perform the type of functions that we’ve come to count on,” he said. When asked if it’s happening now, he replied, “Oh, absolutely.”
Microsoft’s own battle with regulators lasted 21 years. Netscape’s Navigator. Netscape’s Navigator. Netscape’s Navigator. Regulators extracted a consent to the fact that they are unable to compete.
More dramatic, however, was the change in company culture. “Since the antitrust follows, they have become much more cautious and much less aggressive,” Observed Michael Cusumano, a professor at MIT Sloan School of Management, in 2011. Only recently has found his footing in the new technology landscape.
Gates warned that Silicon Valley’s freewheeling libertarianism, a successful strategy when tech companies were insurgents, will not fly to the scale of Google, Facebook, and Amazon. He said: “The tech companies have to be careful … they are not trying to think they are more important than the government’s view, or that the government is able to function in some key areas,” he said, noting the Valley’s fondness for “making financial transactions anonymous and invisible, and their view that even a clear mass-murdering criminal’s communication should never be available to the government.”
You can see the full interview here .
Guess which foolish strategy