On Tuesday, we had a serious wind storm locally and one of my neighbors had a fir tree blown over in his front yard. While I was helping him and his wife attempt to save the tree, we fell into a discussion of monopolies and success. I’ve held for a long time that success is a self-correcting condition. Successful companies, like FaceBook and Amazon and Google (and US Steel and Standard Oil and AT&T), become successful, then they begin to suffer from the pathologies of large organizations. These pathologies include, but are certainly not limited to, large, rule-bound bureaucracies, slowing growth, fiscal laxity and hubris (my personal favorite). These pathologies create risks for the organization — risks that are extremely difficult to effectively address because addressing them would require the leadership to take actions that do not reward said leadership (short-term bloodletting for long term health). That opens the door for competitors. Is any of this inevitable — of course not, it’s merely the way the Second Law of Thermodynamics (paraphrased as, “Left to itself, everything goes to s#*&.”) weights the evolving ecosystem. Look at the Dow Jones Industrial Index. The average time that a company is on the index has been monotonically declining for a century. I suspect that the contortions that the illustrious Mr. Zuckerberg is going through will ultimately open the door for competitors — and I think that the most effective thing government could do is to nature the economy/economies to enable those competitors — and those competitors should include VRM-friendly players. Guy From: Tim Walters <
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> Date: Thursday, April 19, 2018 at 6:44 To: Iain Henderson < "> > Cc: ProjectVRM list < "> > Subject: Re: [projectvrm] Facebook and GDPR And as expected/feared. I suspect this will be worth a court battle. It's not clear to me what it means to "switch the data controller entity." If FB Ireland continues doing all of the processing, I doubt that FB can simply *designate* FB US as the controller. https://techcrunch.com/2018/04/18/data-experts-on-facebooks-gdpr-changes-expect-lawsuits/ ![]() On Thu, Apr 19, 2018 at 9:27 AM, Iain Henderson <
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