we are in the new age of consolidation. Just like the combustion engine development created the transportation and assembly revolution some ~60 years after, pr

we are in the new age of consolidation. Just like the combustion engine development created the transportation and assembly revolution some ~60 years after, profits from the newly created peripheral markets led to massive profits in specific tech sectors (oil, steel)... Flush with cash, they started horizontal, vertical acquisitions, leading to the massive corps of the time (1950s). We now have the internet. We are roughly almost 60 years into the internet creation revolution cycle. We have seen how this movie plays out.