The current news about Microsoft acquiring GitHub for $7.5 billion has resulted in fairly some dismay on the software builders’ facet. As this 2018 Tech Nation Report makes clear, the digital tech sector makes an essential contribution to local economies in our cities and cities. Clusters constructed round AI, machine learning, cyber security and large data industries are supporting progress, jobs and productiveness in communities giant and small. Bold individuals are brought collectively by a ardour for brand spanking new technologies and together turn into pioneers.
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Because of their deep pockets, Large Tech can gobble up or squelch any new firm that threatens core profit traces, regardless of how not directly. Of course, an intrepid younger entrepreneur can still spurn a buyout, but that is simpler stated than completed. Not many people are courageous sufficient (or silly sufficient) to show down a billion dollars as we speak in hopes of far more later. And there may be the risk that the tech giants will use their huge armies of programmers to develop a nearly identical product, and their vast legal resources to … Read More