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I feel like you are making the case for regulation. If there cannot be competition until the next tech, then society can force the existing players to behave in
by blackeyeblitzar 2y ago
I feel like you are making the case for regulation. If there cannot be competition until the next tech, then society can force the existing players to behave in an appropriate way using regulations.
- FredPret 2y agoWhat I'm saying is regulation slows down all of society to solve yesterday's problems, when we should put as much resources as possible into developing tomorrow's solutions. How much does it bug you that Xerox has (had?) a monopoly on copiers? Or that Windows + Intel dominated the 90's? Or that the train barons had their monopolies in the 1800's? The best solution is to make a monopoly irrelevant by supplanting it. Apple is either going to invent the next big thing, or they will go the way of IBM. Even now their peak quarterly revenue was back in 2022.