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There is not a problem with "tech monopolies." As new tech emerges, new platforms, new ideas, the market WILL be disrupted. For example. 1. Google emerged in
by redm 9y ago
There is not a problem with "tech monopolies." As new tech emerges, new platforms, new ideas, the market WILL be disrupted.
For example.
1. Google emerged in a market where there were dominate search engines, such as Alta Vista.
2. Facebook emerged in a market where MySpace was dominating.
3. Facebook is disrupting Google.
etc.
I firmly believe that the market is ripe and ready always for new ideas and tech. Are you going to be able to build a better search engine than Google? Probably not because it works well. Google will be disrupted in some other way we haven't considered, maybe AI.
- corporateslave3 9y agoYeah, I do believe some type of AI has a decent chance at disrupting google. Their current infrastructure is very good, and is their competitive advantage. But if some algorithm doesnt need that infrastructure, and provides a much better experience than google, they can be dismantled. All tech companies eventually get disrupted.
- hnaccy 9y ago>All tech companies eventually get disrupted. Why do you believe this?
- corporateslave3 9y agoThree reasons: 1.) The inherent mediocrity in large bureaucracies. They always turn mediocre. People inherently form factions within corporations and become politicians. This destroys the old culture and creates adverse incentives. 2.) Technology is always evolving at a massive pace. Old infrastructure in a large company becomes a burden, and stifles innovation. Startups are built to seize opportunities with new technology. 3.) Which tech companies that have historically been dominant since the 80s are still dominant? Intel? IBM? AOL? Yahoo? Microsoft (maybe but still somewhat irrelevant). Apple may be the only company, but they are in a different game.