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1. Consolidation. There will be fewer and more powerful tech companies in the future

There is no evidence or reason to expect this to be true. The evidence points to the opposite, such as https://www.axios.com/2023/06/01/sp500-tech-companies-stock-...

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Yeah exactly if anything we're seeing the beginning of the disintegration of the big monoliths (Google at least) who hoovered up everything in their path.

VC investment has ebbed, that's true. But maybe it will encourage businesses with a more solid path to revenue --even self-bootstrapped -- less hype, and more practical product oriented engineering. We can hope.

I do think a lot of us may end up out of work. Myself included, maybe.

What evidence is this?

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