Ezra Klein said something about this once that really hit for me. In short, he said he knows a lot of tech people and thinks they really care about journalism, the arts, etc. But, when push comes to shove, they care more about being the one who generates the most revenue.
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A) Trying to build a platform that makes things better
B) Winning the battle for the largest network, and keeping all traffic on that network
Guess which gets you higher status at a conference?
Now the assholes have won.