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I almost fully agree with you, but a small part of me wonders if this is different, and we've created a sort of aristocracy that exists outside of normal compet
by version_five 5y ago
I almost fully agree with you, but a small part of me wonders if this is different, and we've created a sort of aristocracy that exists outside of normal competition and the rise and fall of companies. In some measure, it's going to depend on modernization of monopoly regulations. But I think there is an outside chance that were due for 50+ years of stagnation and increasing inequality, after the sort of cambrian explosion of tech we've seen since the 70s
- HenryKissinger 5y agoOooh, I like the analogy. Does it mean we're due for a mass extinction event in the tech industry in the future?