Comment by pjc50
2 days ago
> Maybe what's needed is for Microsoft (or any of the legion of similarly dysfunctional enterprises out there) to genuinely fail in a non-recoverable way so as to shock the wider industry/economy into taking serious action on corporate misgovernance.
The naive model of capitalism says that the benefit of market competition is that it's possible for failing companies to get out-competed by non-failing ones. In practice, there's enough of a combination of "natural monopoly", lock-in effects, and anti-competitive practices that the software landscape is covered in companies that are too big to avoid, let alone too big to fail.
That's what I've been trying to impart on folks for a decade, now. The lack of regulations has let apex predators capture the environment, and short of an environmental collapse (as in, the sudden and permanent destruction of compute in general that makes their business unrecoverable), the only solution is hunting the hunters - i.e., government regulations, monopoly breakups, market penalties, etc.
There is no feasible way for someone to out-compete Microsoft, Apple, Google, or Oracle. None. They have to fail in some capacity to a significant, global-economy-harming degree to even provide an opening to competition in the marketplace. Even if AI turned out to be a huge nothingburger tomorrow, they'd still be unassailable.
That is the problem.