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The Rise of Tech Giants May Be Bad News for the Economy

  • Posted February 21
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The Rise of Tech Giants May Be Bad News for the Economy
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Tech giants like Facebook and Amazon are great for profits, but could be bad for productivity and growth potential in the long run. From 2002-2012, 60% of U.S. industries saw eight of their biggest firms grow. However, investments and salaries have failed to keep up with this growth.

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