Interesting, can this be an expected outcome of AI adoption? Mergers of big competitors?

Remember Conglomerates? It just keeps changing name.

Free competitive markets are not an emergent natural phenomenon, they are a technology of civilised societies, and without governments constantly keeping markets free, we keep reverting back to to robber barons and eventually petty warlord kings, that's the natural low-energy state of humans if you let it go unchecked.

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p-e-w 5 days ago | parent | prev | next [-]

Seems to be the expected outcome of everything, in every industry, for the past 10 years or so.

	▲	christophilus 5 days ago \| parent \| next [-]
		> 10 years or so Centuries, really, with only periodic exceptions.
	▲	bossyTeacher 5 days ago \| parent \| prev [-]
		Makes you wonder what happens when all that is left is a single national company and a couple of ever struggling businesses

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layer8 5 days ago | parent | prev | next [-]

It’s the expected outcome of capitalism in the absence of effective market regulation.

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master-lincoln 5 days ago | parent | prev [-]

just capitalism in the final stage

	▲	Libidinalecon 4 days ago \| parent [-]
		Yes, "Late Stage Capitalism" the idea from the text written in 1902 by Werner Sombart. The real comical part is we have almost been in the "late stage" as long as the time between Adam Smith's Wealth of Nations and the generation of this stupid idea.