OP doesn't really go into it other than competition will be a check on FOOM. Which I think is valid as in history any market with competition creates better pro

OP doesn't really go into it other than competition will be a check on FOOM. Which I think is valid as in history any market with competition creates better products and keeps players in check. I was arguing that competition if it is a more open market with fair rules/regulations, where competition is fair, that is true. Though many times it is a fixed market, or a cheat that stifles competition that might keep it in check. Fixed markets happen more and more where the concentration is high and efficient players will game the system. No products or markets are better where big fish solely control everything. That is why anti-trust or regulation need to expand to funding level not just surface company level. If you own entire industries across many companies, that is still oligarchy/monopoly if it is controlled by the same funding/sources. Concentration needs to be broken up, for competition and better market and quality of life for everyone. Most people definitely don't want to make the authoritarian systems wealthier than open markets. Concentration starts to take us away from a fair market and more towards a fixed/gamed market. Everything in that gets so tuned that competition is very hard to enter. Very little margin and too much optimization/efficiency is bad for resilience. Couple that with private equity backed near leverage monopolies that control necessary supply and you have trouble. HBS is even realizing too much optimization/efficiency is a bad thing. The slack/margin is squeezing out an ability to change vectors quickly. The High Price of Efficiency, Our Obsession with Efficiency Is Destroying Our Resilience [1] > Superefficient businesses create the potential for social disorder. > A superefficient dominant model elevates the risk of catastrophic failure. > *If a system is highly efficient, odds are that efficient players will game it.* > sometimes power becomes so concentrated that political action is needed to loosen the stranglehold of the dominant players, as in the antitrust movement of the 1890s. Couple massive wealth and concentration, even leaning authoritarian by then as tends to happen with fixed/controlled markets, with AI/AGI and you no longer have a "blue shell" because those players control the rules and thus the game. [1] https://hbr.org/2019/01/the-high-price-of-efficiency https://hbr.org/2019/01/the-high-price-of-efficiency