this post was submitted on 14 Feb 2025
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Technology
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I don't think they're mature. I think they're just monopolized to the point where they don't need to innovate at all. And I don't see this as a net positive because these companies are so gigantic that they will drive down salaries and benefits for the rest of the middle sized and smaller sized companies. The other problem is that any company that gets this big now has the purchasing power to eliminate competition further cornering the talent pool and the tech market. These guys are the new oil barons of our time and their oil is our data. Not sure how to see this as anything but negative.