This is a great post — the one thing that I would point out is that this cycle is not new. It’s happened in every major stage of innovation. One day we will look back on the tech titans the same way we look back at the steal titans or the oil titans.
We also have to keep in mind that in the same way startups were able to undercut Microsoft in the early 2000s startups will begin to undercut FAMGA.
It’s just a matter of time.