Long thread/22

But the downside is that Facebook has its own ideas about whether Google is going to absorb its market, and they are prone to forcefully make the case that this won't happen.

After a few tumultuous years, tech giants switched to promoting growth via speculative new markets - metaverse, web3, crypto, blockchain, etc. Speculative new markets are *speculative*, and the weakness of that is that no one can say how big those markets might be.

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Long thread/23

But that's also the *strength* of those markets, because if no one can say how big those markets might be, then who's to say that they won't be *very* big indeed?

There's a different advantage to confining your concerns to imaginary things: imaginary things don't exist, so they don't contest your public statements about them, nor do they make demands on you.

23/

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