> it doesn’t seem like Google is institutionally capable of competing
They don't have to compete. They can just buy any startup that's a potential threat to them, or lobby for laws that would effectively make them illegal. That's what power is, and it's all that matters.
They don't have to compete. They can just buy any startup that's a potential threat to them, or lobby for laws that would effectively make them illegal. That's what power is, and it's all that matters.