This is basically what people were saying about Microsoft versus Google and other upstarts in the early 2000s.
Slow and steady wins the race. How could they lose to something on the web, when Microsoft owns the web browser itself? Everything runs on Windows and IE. They can just relax and wait for competitors to exhaust themselves, then quickly build their own version. Isn’t that how Netscape lost. Etc.
Now Google is the new Microsoft, just like Microsoft became the new IBM.
Slow and steady wins the race. How could they lose to something on the web, when Microsoft owns the web browser itself? Everything runs on Windows and IE. They can just relax and wait for competitors to exhaust themselves, then quickly build their own version. Isn’t that how Netscape lost. Etc.
Now Google is the new Microsoft, just like Microsoft became the new IBM.