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Unfortunately, there is a simple yet sinister explanation for the government's interference with extremely successful startups. Startups can only become massive
by FD3SA 15y ago
Unfortunately, there is a simple yet sinister explanation for the government's interference with extremely successful startups. Startups can only become massively successful by stealing market share from established companies. As you've stated, this has the effect of angering the cozy quid pro quo relationship between established companies and governments.
The root of this problem lies in the inevitable merger of the corporate and political classes. As the lines between these two entities blur, disruption through innovation will increasingly be hindered by new legislation. Corporations and governments are both interested in one thing: maintaining power. Corporations through monopoly, and governments through engineering votes.
Until this unholy alliance is broken, innovation will only become more cumbersome.