Why Amazon, Facebook, Google, Apple and Microsoft are the winners of the coronavirus crisis.

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Photo by TOPHEE MARQUEZ on Pexels.com

This is actually a frightful scenario- there’s only a “modicum” of the innovation in the Silicon Valley because the brightest minds in the world are building apps (or services running them).

I am linking it here because of my long running suspicion about Apple usurping it’s dominance in the healthcare via a carefull crafted “privacy narrative”.

The tech giants‘ deep pockets will enable them to withstand the coming global economic recession, a stark contrast to what industry insiders and analysts expect to be the biggest shake-up of the tech landscape in years. As many start-ups collapse, tech giants will expand on the power they’ve accumulated using the playbook of the last decade: snapping up talent, buying or copying rivals, and eroding traditional industries. Some of those weakened companies may disappear altogether and cede even more territory to tech.

via Why Amazon, Facebook, Google, Apple and Microsoft are the winners of the coronavirus crisis – The Washington Post