Thursday, June 24, 2010

Technology giants can also become “too big to fail”

Status check:

Microsoft Office has over 85% market share in corporate desktop software (primarily Windows + Office).

Google has over 60% market share in Web Search in US and over 80% globally.

What would happen if these companies faced any financial pressure?

(This is very difficult to imagine, but assume that it is possible.)

It will directly affect entire corporate world & individuals who use these products.

Will that cause a “digital tsunami”?

Will the U.S. govt. bail out these firms because people cannot live without them?

Will we form institutions like “International Technology Fund” or “World Technology Union” to regulate the technology world and to help the distressed firms?

Can these companies be called “Too Big To Fail”?