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Old 12-07-2015, 02:59 PM   #3 (permalink)
botsapper
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Maybe analogous to the last millennium's 'War of Currents', the battle for dominance of electricity power transmission. Thomas Edison's DC was backed by JP Morgan and Nicola Tesla's AC was backed by George Westinghouse. Meanwhile, John D. Rockefeller and his Standard Oil had the monopoly of the kerosene market - primarily used to light homes. He tried to demonize both systems and stop the use of electricity. He later saw the 'light', joined with JP Morgan but he still preserved his business by becoming a huge backer of Henry Ford and the millions of his Standard Oil-fed Model Ts. Tesla saw his paradigm shifting technologies as egalitarian technologies (Tesla also theorized & experimented with 'wireless' electromagnetic power transmission and communications; pictures, video, text...WiFi?) to provide inexpensive lighting, power and communications. JP Morgan conveniently stole his ideas and concentrated to monetize Tesla's electric production and transmission systems.
Giants always controlled the technologies direction, we often see similar business power plays; they either want to control and promote their preferred technologies or use all matters of influence to stop them - as they fight that market share.

Last edited by botsapper; 12-07-2015 at 03:04 PM..
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