3 ms·

Competition keeps entities honest. Monopolies will kill you. In Boeing's case both figuratively for the business and literally for it's customers.

pjjpo 1y ago
Looking at their general stock performance, I'd say it's actually only the customers being killed. Agree with the sentiments of the sibling posts that monopolies seem as great for business as ever.
PedroBatista 1y ago
Boeing is going nowhere. One of the reasons Boeing’s bad behavior in last couple decades is also the reason they won’t die: The US Government
- themafia 1y ago
  Yea. That's the other new phenomenon this new century has brought us, zombie corporations kept alive by feeding them good tax dollars after bad investments. We have to learn to bury our dead properly.
tempodox 1y ago
> Monopolies will kill you. But sadly not fast enough. The monopolies get to make everyone else miserable for far too long.
g9yuayon 1y ago
And the competition from Airbus may not make Boeing better either. On the contrary, Boeing may well get into a death spiral and a slow but painful death. What competition really means is that incumbents can die without impacting customers as other more competent alternatives will fill the void.
FirmwareBurner 1y ago
>Monopolies will kill you. So when is it gonna kill Google?
- svelle 1y ago
  Or Microsoft. For all I know it primarily kills competition...
- alexey-salmin 1y ago
  Not an OP, but I think the search monopoly is likely to end within the next 10 years. There were fundamental reasons that kept it alive and all of them are becoming irrelevant at various speeds. Not that it must kill Google, they can still pivot and e.g. Google Cloud is already non-negligible in their revenue structure. But I'm relatively confident that search/ads duo won't be their main earner anymore just like Windows is not the main earner of Microsoft.
  - FirmwareBurner 1y ago
    >Not an OP, but I think the [...] monopoly is likely to end within the next 10 years. People have been saying the same about Microsoft for 20+ years. Now it's again, the most valuable company in the world. At what point do people admit they're just bad at predicting the future?
    - alexey-salmin 1y ago
      Well Microsoft did lose their Windows monopoly, didn't they? I predict the same with Google and Google Search.
      - FirmwareBurner 1y ago
        Well damn, you got me there, I should have been more specific, that's on me.
- greg_V 1y ago
  Google is already killing itself. The search experience has been getting steadily worse and worse on one end, but on the other, they're slowly strangling the incentives that were offered to publishers (ranking, traffic & monetization) to develop content for the "open web as dominated by Google". Now, everyone who's running a website for a living is doing platform-native content for traffic and pairing it up with a newsletter-backed website or straight up investing in brand advertising campaigns to have access to their own audiences still, without relying on Google to deliver them. My guess is that we're in for the second wave of Big Aggregators, but it's tough to say what the technological twist behind it will be, so it's not just a reddit 2.0.

pjjpo 1y ago

Looking at their general stock performance, I'd say it's actually only the customers being killed. Agree with the sentiments of the sibling posts that monopolies seem as great for business as ever.

PedroBatista 1y ago

Boeing is going nowhere. One of the reasons Boeing’s bad behavior in last couple decades is also the reason they won’t die: The US Government

themafia 1y ago
Yea. That's the other new phenomenon this new century has brought us, zombie corporations kept alive by feeding them good tax dollars after bad investments. We have to learn to bury our dead properly.

tempodox 1y ago

> Monopolies will kill you. But sadly not fast enough. The monopolies get to make everyone else miserable for far too long.

g9yuayon 1y ago

And the competition from Airbus may not make Boeing better either. On the contrary, Boeing may well get into a death spiral and a slow but painful death. What competition really means is that incumbents can die without impacting customers as other more competent alternatives will fill the void.

FirmwareBurner 1y ago

>Monopolies will kill you. So when is it gonna kill Google?

svelle 1y ago
Or Microsoft. For all I know it primarily kills competition...
alexey-salmin 1y ago
Not an OP, but I think the search monopoly is likely to end within the next 10 years. There were fundamental reasons that kept it alive and all of them are becoming irrelevant at various speeds. Not that it must kill Google, they can still pivot and e.g. Google Cloud is already non-negligible in their revenue structure. But I'm relatively confident that search/ads duo won't be their main earner anymore just like Windows is not the main earner of Microsoft.
- FirmwareBurner 1y ago
  >Not an OP, but I think the [...] monopoly is likely to end within the next 10 years. People have been saying the same about Microsoft for 20+ years. Now it's again, the most valuable company in the world. At what point do people admit they're just bad at predicting the future?
  - alexey-salmin 1y ago
    Well Microsoft did lose their Windows monopoly, didn't they? I predict the same with Google and Google Search.
    - FirmwareBurner 1y ago
      Well damn, you got me there, I should have been more specific, that's on me.
greg_V 1y ago
Google is already killing itself. The search experience has been getting steadily worse and worse on one end, but on the other, they're slowly strangling the incentives that were offered to publishers (ranking, traffic & monetization) to develop content for the "open web as dominated by Google". Now, everyone who's running a website for a living is doing platform-native content for traffic and pairing it up with a newsletter-backed website or straight up investing in brand advertising campaigns to have access to their own audiences still, without relying on Google to deliver them. My guess is that we're in for the second wave of Big Aggregators, but it's tough to say what the technological twist behind it will be, so it's not just a reddit 2.0.