>monopolies
Where exactly? They lose market share to every new AI wrapper app and most young people are on the Chinese video app.
>are good because line goes up
The "line goes up" sarcasm really doesn't work when we are actually suddenly in a "line goes down" situation and it clearly sucks.
The line going down is just a return to reality hopefully. So many vastly over valued tech stocks and tech adjacent stocks.
> The "line goes up" sarcasm really doesn't work
No it still works, because "but make a lot of money!" is _never_ an acceptable argument for anything. It may be a supplemental argument, but you need something else to be the foundation. Making a lot of money doesn't explain why something is good or why we should do it over other things.
I mean, we can make a lot of money through theft, or selling tobacco, maybe legalizing heroin. But those things are bad.