[isaacremuant]

> More broadly speaking, I believe the days where the top X largest companies in the stock company would be displaced by newer companies every decade or so is over. The FAANGs just control so many major platforms in so many aspects of our lives.

It also helps that they buy or otherwise cooperate to destroy their competition in questionable ways while heavily lobbying the gov to favor them over others in a quid-pro-quo that benefits politicians and not their constituents.