> Non-sequitur. If the technology that there is is sufficiently well exploited by Google, Amazon, Facebook, then where is your supposed opening? We are not at t

> Non-sequitur. If the technology that there is is sufficiently well exploited by Google, Amazon, Facebook, then where is your supposed opening? We are not at the end of the IT tech revolution now, but we are also nowhere near the beginning. This is so true. I say the "tech" (~= internet software?) industry is now somewhere near the telecom level of maturity. We can think of these companies selling the raw (cloud) infrastructure as of something related to that. (Although the precise economics of this for customers is debatable, as discussed time and time again on HN). Selling ad placements is not predicated on huge innovation either, rather on trying to find untapped markets (as much as they still exist) and efficiency gains for the same thing. The next stage, farther in the future, is these corporations becoming more like boring railroad companies. In fact, it's one of the few glimmers of hope for people aware of big tech's ramifications. > The best VR experience right now is engineered by Facebook, not by some plucky start up acquiring new customers. Maybe AI is a better example of something that has huge potential for sure, but is mixed in equal proportions with fantasy. To use similar analogies, I'd say it's in its (later phase of) dotcom era. And even then, as you say, it's not really made by startups built to get big, but - at best - by entities hoping to get bought. But this way, we are still kinda able to sustain the public mythos of tech entrepreneur as a big idea person, and not an industry knowledge and capital efficiency person (related to really driven and good at making deals from the essay). It may be a result of fiscal policy, but it's certainly also beneficial for existing big corporations. Also, the romantic idea is more emotionally appealing.