"How Big is Big Tech?", David Stockdale,September 24, 2018

https://www.digitalethics.org/essays/how-big-big-tech

TITLE:  Tech Monopoly.

What do you think is it all about?

      - How much revenue made from Tech industry. 

Quote

     - None.

Reflection:

       The tech industry has become so big that it starting killing other businesses. Amazon has become so popular that it starting to killing traditional retail, Amazon offer cheaper price than most of its competitor because of the business model they had and also handle at least half of the entire amount of money consumers spend online. Google has certainly turned into monopolies in their markets. Google owns about 81% of the online searches and 85% of search ad revenue. Facebook utterly dominates social networking , with more than 2 billion users worldwide and 77% of mobile social traffic. Apple rakes in 91% of global smartphone profits. Personally, I know where the concern is coming from, we are afraid of these tech monopoly because they had control over the price they can demand a higher price if they wanted to and we can't do anything about it since their is no potential competitor in the industry we don't have a choice but to agree with their demand and a lot of people and business will suffer because they rely on these platform. Other Technology based business startup will also facing a hard competition against these big tech company.

5 Things That I've learned

> Technology Monopoly

> Big tech company create jobs and killing jobs 

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5 Integrative Questions

>  How can government implement laws and regulate these monopolies.

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