Abstract Brainstorming

The rapid increase in technology witnessed during the tech boom mimics that of the second industrial revolution. This has resulted in the consolidation of markets. In a historical lense, we can view how these trends can lead to a highly efficient society, or can lead to decreased quality of goods and price fixing. Market consolidation … Continue reading Abstract Brainstorming

Rough Middle 2

General new outline: Proposed Thesis: Rapid increases in technology cause the consolidation of markets to singular monopolies that can be extremely beneficial in lowering cost, increasing supply, and raising efficiency, but can also create very detrimental economic results if not properly regulated. INTRO w/ Thesis   Historical lens   Rapid Increase in Technology (Parallels our … Continue reading Rough Middle 2

Rough Middle/Research Clusters

  CLUSTER 1 Conceptual Lens   How have other industries combatted this initial loss of profit with digitization? Amazon Reinvestment of profit into technology Initial loss of profit Creation of a more convenient and personalized user experience through reinvestment of profits Jeff Bezos Investing everywhere you can, knowing that some  investments will create better “experiment … Continue reading Rough Middle/Research Clusters

Research Cluster 4

BIG IDEA: Rapid increases in technology causes an increase in supply of XXX, which allows for and causes the consolidation of these markets. This is evident thorugh history.   In “Can Washington Stop Big Companies?”: “Mr. Reback, who is now working against Google, argued that the government’s antitrust prosecution of Microsoft had altered the company’s … Continue reading Research Cluster 4

Research Cluster 3

Conceptual: Technological developments have increased to such a degree where the increased demand resulting from these advances is so high that these companies are becoming monopolistic overpowered unions.   This is a societal wide trend; it is not consolidated into any industry in particular.   Premise for argument: Increased technologies create more sought after, more … Continue reading Research Cluster 3

Research Cluster 1

Conceptual Lens How have other industries combatted this initial loss of profit with digitization? Amazon Reinvestment of profit into technology Initial loss of profit Creation of a more convenient and personalized user experience through reinvestment of profits Jeff Bezos Investing everywhere you can, knowing that some  investments will create better “experiment patiently, accept failures, plant … Continue reading Research Cluster 1