> More broadly speaking, I believe the days where the top X largest companies in the stock company would be displaced by newer companies every decade or so is over.
I disagree: I think big tech is hard to disrupt ATM because the companies are still young and nimble. In the last cycle, the companies being displaced were ancient (by tech standards). When Google and Facebook are 30 years old, their DNA will get in the way of adopting to a new paradigm that will change the world. A paradigm that may be to the Metaverse what the smartphone was to the Apple Newton
I disagree: I think big tech is hard to disrupt ATM because the companies are still young and nimble. In the last cycle, the companies being displaced were ancient (by tech standards). When Google and Facebook are 30 years old, their DNA will get in the way of adopting to a new paradigm that will change the world. A paradigm that may be to the Metaverse what the smartphone was to the Apple Newton