People forget that IT is not the final product. Facebook is not big because they solve technical challenges (related to code and infrastructure). They are big b

People forget that IT is not the final product. Facebook is not big because they solve technical challenges (related to code and infrastructure). They are big because they are solving a specific problem people had. They are not a special snowflake. If FB would disappear the world would not loose anything. We would just move to something else and which basically happened in China due to chinese gov's protectionism. We do not need that many programmers,sysadmins,engineers. We do not need zillions of compilers,programming languages, frameworks or crud apps. If we want to be effective at using and consuming resources we need to be effective at redistributing the wealth. I am a capitalist by heart but in a dystopian world of mega corps we just do not need billionaires. We do not need brilliant businessmen the same way we do not need that many workers. In such a world we do not need capitalism. We do not need companies competing with each other (well at least not on planet earth). We can move on and reward the 1% of scientists and provide them with much more money and resources. If we want to keep people in line we can make them study more and provide good standards of living. We are talking more or less socialism / communism here but the reality is that we will not need to compete with each other anymore. Our only problem will be to avoid a war between superpowers and people revolting against governments. The fact is we do not really need improvements that much when compared to the past. We do not need faster iphones and more efficient batteries. It would be nice to have but it's not that important after all. The only purpose of iphone is to be connected and consume. The only purpose of a car be it electric or normal is to transport people or goods from point A to point B.