Open Risk on Nostr: all true, but they have incredible staying power due to monopoly status. E.g., Meta ...
all true, but they have incredible staying power due to monopoly status. E.g., Meta burned vast billions on VR with nothing to show for it, would have bankrupted a normal company but they simply shrugged and moved on to spending billions on "AI". Their insane valuations also reflect this extraordinary chokehold on basically a large fraction of the world economy.