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Do you think Big Tech will go down when it does or will it further consolidate and centralize power?
by kittikitti 2y ago
Do you think Big Tech will go down when it does or will it further consolidate and centralize power?
- bluefirebrand 2y agoGiven how things go when past bubbles have popped, this is likely to be "both" I think. Just not all at once When the bubble pops you see things collapse Then it becomes a feeding frenzy as companies and IPs get bought up on the cheap by whoever has a bit of money left When the dust clears, some old players are gone, some are still around but weaker, some new players have emerged that resemble conglomerates of the old players, but overall a lot of the previous existing power is consolidated into fewer hands