Namely the big 4 now in market cap: GOOGL, MSFT, AAPL, AMZN (can throw in FB too)
20 years ago MSFT was also number one company by market cap in the world followed by a relatively diverse group of "old-money" companies like GE, oil/gas companies, Coca-Cola etc.
Given the acceleration of "tech companies" over the past 20 years allowing the other three to join Microsoft in being the biggest, is there any reason to think they'll lose momentum any time in the near or long future to another industry?
Any futuristic fields like AI/AR/VR that are gaining momentum will either be dominated via the big 4/5, or by a start-up that's inevitably absorbed by one of the big 4/5--and at this point in time it's hard to imagine a separate industry, whether or not it exists today overtaking what we have in place for technology today.
Compared to the past dominant industries, e.g. telecommunications, oil/gas, banking, health care, even without the aid of hindsight it seems like there was eventually a peak there, or potential for a new industry to come in. But for me it's hard to see with 'technology' as it is today.
Submitted May 01, 2019 at 01:46PM by pikindaguy http://bit.ly/2VFMPJA
