very, very true
This: am also suspecting that the level-off will happen one layer higher. I.e. the economic relevance of the current incumbents within the US economy will not drop, but the global relevance of the US will. For a perspective, you can look at the German economy that is dominated by companies founded 100+ years ago.
Because US government is getting in bed with Amazon, Google, Facebook
it is causing a double effect
A) They are letting them keep growing their monopolies in return for surveillance of Americans and non Americans
Which makes them stronger
B) US innovation is slowing down
For Example: Now most of US technology is around showing ads, surveillance, and basically treating people like stupid ATMs
They might be able to make it work for another 10 to 30 years, and then there will be big breakdowns
A good example is what is happening to Amazon in countries like China and India
This: am also suspecting that the level-off will happen one layer higher. I.e. the economic relevance of the current incumbents within the US economy will not drop, but the global relevance of the US will. For a perspective, you can look at the German economy that is dominated by companies founded 100+ years ago.
Because US government is getting in bed with Amazon, Google, Facebook
it is causing a double effect
A) They are letting them keep growing their monopolies in return for surveillance of Americans and non Americans
Which makes them stronger
B) US innovation is slowing down
For Example: Now most of US technology is around showing ads, surveillance, and basically treating people like stupid ATMs
They might be able to make it work for another 10 to 30 years, and then there will be big breakdowns
A good example is what is happening to Amazon in countries like China and India