07:37:00 +07:00 Big tech blocks smaller companies - One of the things that is very different during the AI revolution we are in is that the big companies are being as nimble as historically the smaller upstarts have been.
This means for the first time ever, it's not obvious that the ecosystem will turn over. Smaller companies might never again become bigger players, and the big players will always be at the top. Much of the innovation is coming frlm the big players. That's a new dynamic and quite clearly could have terrible concequences for diversity throughout society.
Do we need to redesign how all these institutions interact so the ecosystem remains healthy?
If bitcoin was designed as the business system is stuctured, 4-5 people would do all the transactions in the entire world. #