2 ms·
I think I basically agree with you on that part. I'd propose an axiom: "All companies tend over time toward increasing levels of cynical rent-seeking behavior i
by xp84 2y ago
I think I basically agree with you on that part. I'd propose an axiom: "All companies tend over time toward increasing levels of cynical rent-seeking behavior in place of innovation or competition."
Which is why they should be restricted from engaging in any easily-definable instances of that behavior (ideally by actual legislation instead of this silly executive branch stuff).
Banning the mature, craven companies from building moats of anticompetitive, anti-consumer behavior is a way to help the next generation of new entrants to either kill them or to force them to compete, either of which is a win for consumers and better startups trying to dethrone them.