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Centralisation in the fast moving digital age is dangerous. It just doesn't scale.
I got soundly ripped on for saying that in an interview with Institutional Investor magazine a few years ago. To be fair, I was talking about centralisation of financial services systems but my point still kind of stands.
Stonehedge
Centralisation in the fast moving digital age is dangerous. It just doesn't scale. Massive single points of failure which the global economy relies on are dangerous.
Even in the online world: Last year a massive amount of the internet went down for a few hours. Day before yesterday Facebook, WhatsApp, Instagram went down for 6 hours. People rely on a lot of this tech to communicate.
IMO we need protocols that turn all our phones into little web servers so the internet is an actual network, not just a massive data centre in California. We also need to invest in 3D printing, high tech city agriculture etc so it is possible for every community to be sustainable individually. I hope technology advances towards that world.