The Demise of Big Tech - Is The End Near?

Monopolies don’t last forever. Every single monopoly that has dominated the business landscape over the past couple hundred years has eventually fallen whether that be Standard Oil, Carnegie Steel, AT&T, or GE. At one point in time, these empires seemed virtually unbreakable but with time they all crumbled. This raises the question: how much time do the biggest tech companies have left? Well, all downfalls start with the consumer base turning on the company. Companies that they once loved turn into companies that are greedy, controlling, and overpriced. At the same time, inefficiency starts to build within the company as headcounts get bloated and a disconnect appears between employees and customers. Most tech companies have already passed these two phases meaning that the only phase left is where the hero product is displaced. Jeff Bezos says that the average lifespan of a company is 35 years, so most FAANG companies may very well be on their last hoorah. This video explains the cycle of monopolies and why empires fall.

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Timestamps:
0:00 - Monopolies Don’t Last
1:28 - Dying Flame
4:25 - Inefficiency Builds
7:32 - The Weak Link
10:26 - The State Of FAANG

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Видео The Demise of Big Tech - Is The End Near? канала Logically Answered