A PYMNTS Company

The Economics of the Data-Driven Economy and the Demand for Antitrust

BY | February 16, 2024

Increasing returns to scale in the heyday of industrialization in the late 19th century and early 20th century concentrated wealth and power, triggering demand for antitrust activism. A similar dynamic…

Increasing returns to scale in the heyday of industrialization in the late 19th century and early 20th century concentrated wealth and power, triggering demand for antitrust activism. A similar dynamic is visible in today’s second Gilded Age, this time in the context of the data-driven economy based on the nexus of big data, machine learning and artificial intelligence. Ultimately, it was the scaling up of the global economy that resolved the issues created by scale economies in the first Gild

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 44.212.99.208

Please verify email or join us to access premium content!