• Hazdaz@lemmy.world
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    1 year ago

    What you are describing in the later part of your post is essentially unfettered capitalism. Fuck everything about unfettered capitalism, but regular plain old capitalism is, as you said, great for tech innovation. Too many people can’t keep the two straight.

    • GoodEye8@lemm.ee
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      1 year ago

      Sure, I won’t get into that now. But you really didn’t address the main part where a capitalistic company essentially stop innovating once they reach a market dominant position and kills off all the competition? Amazon hasn’t innovated anything since killing off its every competitor. Google kills every innovation they create because it’s not as profitable as they want. Meta has been stealing ideas and buying innovations since its inception. Once the external incentive to innovate dies off capitalism stops innovating.