this post was submitted on 30 Jun 2023
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This is sort of the final stage of endless growth capitalism. Once you have reached the max saturation of your potential user base with an attractive product, you sell that product for a huge payout and the next CEO comes in with a mandate to squeeze the orange for all its juice.
Inevitably this leaves the market ripe for the next disruptor to come in with a more enticing offer and the cycle repeats. With market consolidation however this is becoming harder and harder to do with every second comapny owned by Disney or Microsoft or Haliburton etc.
Which begs the questions: What comes next? How does late stage capitalism "end"? Will it collapse in on itself? What will replace it? I don't know the answers to these, but it certainly feels like we're entering (or about to enter) the "find out" phase.
how does it end
Seeing the environmental disruptions of the last decade, I'd say extinction of human life.