Contrary to the common fear, wide scale decentralization of media power will not collapse centralized corporations, just as Napster and BitTorrent did not collapse the centralized music companies; decentralization does not take power from centralized actors, it increases everyone's power.
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Wide scale decentralization of power in the media will not collapse the power of centralized corporations, any more than file sharing services like Napster and Bit- Torrent6 collapsed the power of the centralized music companies.
Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217
Holds when
incumbents willing to participate in the new collaborative networks
Classification
mechanismsupport: argueddecentralization
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