It's pretty obvious now that governments have been propping up the tech sector in many countries. It's a weird industry. Look at the biggest tech companies. They all start out with apparently legitimate products but slowly lose market share over decades, end up doing nothing and yet more profitable and more valuable than ever. Look at companies like Oracle, Microsoft, Palantir, SpaceX, Salesforce... Their main business is extracting money from the government.

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sigbottle an hour ago | parent | next [-]

I think software, paradoxically, has deeper network and intertial effects than pretty much anything else we have invented so far. Compare the leverage it enables to the ecosystem lock in it forces.

With physical goods, it's not nearly that coupled.

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heaney-555 27 minutes ago | parent | prev [-]

>slowly lose market share over decades, end up doing nothing and yet more profitable and more valuable than ever

>SpaceX

SpaceX has been gaining market share, not losing, and its primary business is Starlink, of which most customers are consumers.

(there is also Starshield)

	▲	bigyabai 8 minutes ago \| parent [-]
		Having used it, Starlink's entire business model seems to be rooted in handwavium. You'll almost never hit advertised speeds or latency, and there are regular outages where you get no service at all. The cost of the service fluctuates constantly if you don't get locked-in to a specific rate, too. My impression is that Starlink is a hastily-launched DoD project. It's not a broadband replacement and scarcely an alternative to other satnet providers or LTE hotspots.