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Re: Metered Banwidth Monopolies
On Thu, 4 Dec 1997 20:43:56 -0500 (EST), Charles A. Behney III wrote:
>Bill Gates had to reassure the banking community, that he is a fellow
>traveler, rather than a usurper of their financial data via mining
>techniques.
If they believe Gates's promises they're fools. If you think
Gates and company keep their promises they need to talk to some of M$'s
former business partners.
What often happens is that M$ and a "business partner" will hammer
out something that looks good at the time, but what they don't pay
enough attention to is what's going to happens when the agreement's
time period expires. What many of these companies have found is that
during time the agreement has been in force M$ has managed to become an
integral part of their business, but when the initial agreement expires
they find that they're now dealing with an entirely different animal.
Now instead of dealing with M$ on an equal footing the company finds
itself in very weak position so then M$ can dictate their terms. So if
the banks get into bed with M$ my guess is that at first everything
will look above board, but once their initial agreements expire all
bets are off. It's once M$ has their hooks into them that they will
have to watch out. Although I wouldn't expect M$ to even mention
mining data from a bank's account database early on, once the agreement
expires though I'd be willing to bet that it's one of the first issues
on the table for their next agreement.
If the banking people had a clue about who they're dealing with
they'd run like hell from M$, but since they really *want* to believe
Gates they're going to go like lambs to the slaughter. Of course you
KNOW who'll get screwed over all this, that's right it's the bank's
customers...it's NEVER the idiots that made the bad deal in the first
place, it's ALWAYS the customers that take it on the chin.
...Cheers,
...Norm
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