Earlier quoted context omitted.
> A company with 100x the resources of another, never needs to worry about IP or innovating, because it just plucks off other people's work, integrates into it's own machine and receives the market surpluses, risk free. Which is why we're all typing this on DEC machines running OS/2 on AOL internet with 3Com modems.
Funny you have to pick all 30 year old examples. We have been running almost entirely Windows and Mac for over 20 years (at least in consumer land). We have been running mostly Intel and nVidia for over 20 years. We have been running mostly Chrome and maybe 2 others for 10 years. We have 1 comprehensive social network (FB/Insta) for over 10 years. We have 3/4 major internet providers and 4 wireless carriers - forever…
At the time people thought Microsoft was so dominant that most of the innovations of the past 20 years could not have happened, because Microsoft was a behemoth that would simply take over any competitors. But they lost on search, phones, browsers, etc.
I don't really see how it's different this time around. There is currently no company as dominant over the entire industry as Microsoft was in 2000, or as dominant as IBM was in 1980.