Social Media’s Junkies and Dealers
To commemorate its founding 25 years ago, PS is republishing a selection of commentaries written since 1994. In the following commentary, Roger McNamee highlighted the growing psychological and political threat posed by Internet platform monopolies.
NEW YORK – We were warned. The venture capitalist and Netscape founder Marc Andreessen wrote a widely read essay in 2011 entitled, “Why Software Is Eating the World.” But we didn’t take Andreessen seriously; we thought it was only a metaphor. Now we face the challenge of extracting the world from the jaws of Internet platform monopolies.