📣 🚨 🪩 I'm delighted to announce "Funding The Web: a covenant for browsers, search, and people", new work from yours truly generously supported by D//F: ftw.fund. It's a complicated topic but it only impacts the whole web, so please bear with me a little! 🧵
Post
ftw.fundFunding The Web: A Wise ChoiceThe Web is slow-motion collapsing for multiple reasons, but at the heart of it all is a little known system: the Search/Browser Levy. Let's fix it!
Much worse: this system defunds the whole of the web, and notably the media. Thanks to its monopoly, Google charges *far* higher prices for ads than it normally could and gets a much higher share of web marketing channels than it should. That's money, in the tens of billions, not flowing to the web.
The levy system may not have been *initially* intended as a cartel, but today it's maintained with full knowledge that it is monopolistic. The US courts have said so unambiguously. That's just one of the problems the systems causes — the report documents several more. So what should we do about it?
0 reposts5 likes