We're all gonna look back at this in 15 years with a good laugh at our naivety. New paradigms will emerge, and with them new competitors we can't even imagine

We're all gonna look back at this in 15 years with a good laugh at our naivety. New paradigms will emerge, and with them new competitors we can't even imagine today. Google and Facebook are one technical/cultural shift away from irrelevancy. Amazon is much closer to a traditional monopolist and will perhaps require regulatory intervention. I literally had this same conversation about Microsoft and Yahoo in 2000. Remember when we all thought that George W Bush was the worst possible president imaginable? Yeah, those were good times . . .