We’re at a point of effective monopoly and vastly increased costs of creating competition.
The spigot of free money has been turned off, so most projects today need to have a planned out ROI, which is why enshitification has become such a big thing recently. Improvement for competition sake is out the door unless the incumbent is weak or a jump is needed as the existing revenue stream is collapsing.
We’re at a point of effective monopoly and vastly increased costs of creating competition.
The spigot of free money has been turned off, so most projects today need to have a planned out ROI, which is why enshitification has become such a big thing recently. Improvement for competition sake is out the door unless the incumbent is weak or a jump is needed as the existing revenue stream is collapsing.
What are you going on about?
I don’t work in a space with a monopoly.
My employer doesn’t have free money. They compete in a huge market and earn money while doing so.
Not every company has the business model you described. The world would not run if that was the case.
Yeah, but a lot of the discussion has been about those companies given how well they pay and how dominant they are in the industry.