Monopoly V 1.0 , was East India Company
Extract :
By 1803, at the height of its rule in India, the East India company had
a private army of about 260,000—twice the size of the British Army, with Indian revenues of £13,464,561
(equivalent to £229.9 million
in 2019 = $ 297 million ) and expenses of £14,017,473 (equivalent to
£239.3 million in 2019).[17][18]
The company eventually came to rule large areas of India with its private
armies, exercising military power and seizing administrative
functions.[19]
Company rule in India effectively
began in 1757 and lasted until 1858, when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown's assuming direct
control of the Indian subcontinent in the form of the new British Raj.
===================================================
Fast forward by 200 years, and
now we have,
Monopoly
V 2.0 ( aka, GAFA = Google
+ Apple + Facebook + Amazon )
Between them, their current market-cap is approx. $ 5 Trillion ( approx.
2 TIMES of India’s GDP
in 2020 )
About 16,835
times the revenue that East India Company earned 200 years ago
To know how much revenues GAFA companies earned in recent years, click
here
===================================================
Who all are worried about GAFA
monopoly ?
Following Industry Leaders :
Vijay Shekhar Sharma [ Paytm / vss@paytm.com ]
Ø Yashish
Dahiya [ PolicyBazaar / yashish@policybazaar.com / alok@policybazaar.com ]
Ø Murugavel jankiraman
[ Matrimony.com / murugavel@matrimony.com
]
Ø Vishwas
Patel ……………..[ CC Avenue / vishwas@avenue.info ]
Ø Ankush
Sachdev ………[ ShareChat / ankush@sharechat.co
/ press@sharechat.co ]
Ø Dr
Ritesh Malik [ Innov8 / dr@innov8.work / hello@oyoworkspaces.com ]
===================================================
How are they
planning to challenge GAFA monopoly ?
They are joining hands to seek support from the Govt
for an OVERARCHING DIGITAL ECO-SYSTEM
Context :
Startup
Founders Bat for an Indian App Store
Extract :
Ø A number of leading
technology entrepreneurs are joining hands to petition the government seeking
support to create an overarching Indian digital app ecosystem to counter what they
view as the dominance of US technology giants Google and Apple.
Ø At a meeting on
Tuesday, the group discussed ways to establish a large-scale platform
that will host local apps and break the duopoly of Google's Play Store and
Apple's App Store, as well as a national-level lobby group to represent their
interests, people privy to discussions told ET.
Ø "If India has net
neutrality, why can't we have app neutrality," said Janakiraman, who added
that over 80%
of those accessing the internet in India do so through digital applications and "it can't be
completely controlled by Google since they own the Play Store."
Ø "The company is
forcing developers to use its own payment gateway, it is also controlling how
ads appear and there are issues on search; they seem to have an unabated power over the entire
ecosystem which
we are against," said Patel.
Ø The group plans to
approach the Ministry
of electronics and IT (MeitY) to push the case for an Indian app
store
=================================================
Dear Shri
RaviShankar Prasadji,
Governments – and Startups – around the World are
worried about getting decimated by GAFA’s ever-growing monopoly – and their ownership
of entire Internet-based digital content
By leveraging this surreptitiously acquired OWNERSHIP
of Private Personal Data of 400 million Indian Users , these companies are
annually earning BILLIONS of dollars – without sharing a single rupee with the
real data-owners
Even if you were to agree with industry-leaders listed
above to set-up an Indian App Store, it should be only the very FIRST STEP,
towards that OVERARCHING DIGITAL ECO-SYSTEM
I urge you to follow this up with the NEXT BIG STEP , described
in my following emails :
Ø
Digital
Dividend from Demographic Data [ 4 D ]…………………..... [ 14 Feb 2019 ]
Ø SARAL ( Single Authentic Registration
for Anywhere Login )…[ 10 Feb 2019 ]
With regards,
Hemen Parekh / hcp@RecruitGuru.com
/ 01 Oct 2020
===================================================
Related Radings :
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