Twitter, Facebook Battles Show the Value of an Open Web

Photograph by Medioimages/Photodisc/Getty Images

As Twitter and Facebook continue to fight a variety of skirmishes in the ongoing “platform wars,” with both companies trying to control as much of their networks as they can in order to monetize them as quickly as possible, it’s worth remembering what Sir Tim Berners-Lee did 21 years ago, when he created the first truly open Internet-based platform: namely, the World Wide Web. In an early interview about his invention, Berners-Lee confessed there was a time when he considered taking a different route and trying to profit from what he had developed, but he chose a different path. The amount of social and commercial value that has been created as a result is almost impossible to calculate.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.