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▲ blurbleblurble 2 hours ago

Just like renewable energy and so many other things. Hyperconcentration of capital is really tragic. I hope things turn around.

▲TeMPOraL 2 hours ago | parent [-]

They will. That's the fallacy of the "S-curve" everyone likes to commit these days actually giving a positive outlook.

Assuming it won't get to full RSI, the current approach will burn out - most likely economically. The race slows down, people branch out, look back, start picking up the "untapped potential"/low-hanging fruits, and you have new S-curves launching in place of the one that just tapered off (hence a fallacy - a stack of S-curves adds up to continuing exponential growth).

In other words: it comes and goes. Hyperconcentrated capital will eventually deconcentrate.