This has happened in every industry and in every time period. The mistake made in the article is that the author doesn't actually appear to realise how importan

This has happened in every industry and in every time period. The mistake made in the article is that the author doesn't actually appear to realise how important this effect is (it is always amazing to me that you have all these people writing about the same topics, always from the same angle...no-one thinks to just open a book, and check what happened last time...actually I am aware of one book that has done this, just one). Again: every industry, every time period. It is permanent. Definitely, you see new industries replacing old ones. Acknowledging the above isn't denying progress. But every industry consolidates down to a few large companies.