mcnamee1

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.

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