The Internet Is Not the Answer Quotes

“Tim Berners-Lee invented the Web in order to help him remember his colleagues at CERN. “The Web is more a social creation than a technical one,” he explains.”
― Andrew Keen, The Internet Is Not the Answer

“Rather than creating more competition, it has created immensely powerful new monopolists like Google and Amazon.”
― Andrew Keen, The Internet Is Not the Answer

“Rather than the answer, the Internet is actually the central question about our connected twenty-first-century world.”
― Andrew Keen, The Internet Is Not the Answer

“In early 2014, the global economy’s top five companies’ gross cash holdings—those of Apple, Google, Microsoft, as well as the US telecom giant Verizon and the Korean electronics conglomerate Samsung—came to $387 billion, the equivalent of the 2013 GDP of the United Arab Emirates.78 This capital imbalance puts the fate of the world economy in the hands of the few cash hoarders like Apple and Google, whose profits are mostly kept offshore to avoid paying US tax. “Apple, Google and Facebook are latter-day scrooges,” worries the Financial Times columnist John Plender about a corporate miserliness that is undermining the growth of the world economy.79 “So what does it all mean?” Michael Moritz rhetorically asks about a data factory economy that is immensely profitable for a tiny handful of Silicon Valley companies. What does the personal revolution mean for everyone else, to those who aren’t part of what he calls the “extreme minority” inside the Silicon Valley bubble? “It means that life is very tough for almost everyone in America,” the chairman of Sequoia Capital, whom even Tom Perkins couldn’t accuse of being a progressive radical, says. “It means life is very tough if you’re poor. It means life is very tough if you’re middle class. It means you have to have the right education to go and work at Google or Apple.”
― Andrew Keen, The Internet Is Not the Answer

“In early 2014, the global economy’s top five companies’ gross cash holdings—those of Apple, Google, Microsoft, as well as the US telecom giant Verizon and the Korean electronics conglomerate Samsung—came to $387 billion, the equivalent of the 2013 GDP of the United Arab Emirates.78 This capital imbalance puts the fate of the world economy in the hands of the few cash hoarders like Apple and Google, whose profits are mostly kept offshore to avoid paying US tax. “Apple, Google and Facebook are latter-day scrooges,” worries the Financial Times columnist John Plender about a corporate miserliness that is undermining the growth of the world economy.”
― Andrew Keen, The Internet Is Not the Answer

“The structure of this economy is the reverse of the technological open architecture created by the Internet’s pioneers. Instead, it’s a top-down system that is concentrating wealth instead of spreading it. Unfortunately, the supposed “new rules” for this new economy aren’t very new. Rather than producing more jobs or prosperity, the Internet is dominated by winner-take-all companies like Amazon and Google that are now monopolizing vast swaths of our information economy.”
― Andrew Keen, The Internet Is Not the Answer

“We took 350 billion snaps in 2011 and an astonishing 1.5 trillion in 2013—more than all the photos ever taken before in all of history.”
― Andrew Keen, The Internet Is Not the Answer

“Kotkin’s new feudalism, in which narcissistic aristocrats like Kardashian and Bieber are able to wield massive armies of loyal voyeurs.”
― Andrew Keen, The Internet Is Not the Answer