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points by WalterBright 2 days ago | 0 comments
Those are fairly recent companies, and they replaced the earlier giants. Like IBM.
[–] cyberax 2 days ago
IBM is still around. Look at its stock price. If anything, it's an example of how post-computer companies are much more nimble than their predecessors like the RCA that couldn't pivot from a dying market.

So let's invert your argument and try to find counterexamples.

Google is already close to 30 years old. It's not a new company. Microsoft is more than 50 years old! Do you have examples of large pre-computer-era companies that were at least this old and yet were able to successfully enter and expand in new markets? And not just by buying a stake in some company but incorporating new products into the parent company.

My fear is that AI will make that even more scalable, enabling even larger companies.

[–] WalterBright 2 days ago
IBM is a mere shadow of it was in the 1980s, when everyone waited breathlessly for every new move by IBM. I haven't seen IBM in the news for many years.

I remember a comment in the tech news from 25 years ago - "nobody is afraid of Microsoft anymore".

[–] cyberax 2 days ago
You are just a bit biased by your experience working in software. IBM was smaller than it's right now, but the whole industry was even smaller.

And you actually are failing to see what I'm trying to say. IBM is a GREAT example of my point. They pivoted from a company that makes keyboards and PCs to a company that makes custom solutions with specialized hardware and software.

This sort of corporate flexibility used to be extremely rare, and that's why you have so many examples of companies that just withered away. And this corporate stagnation was the only real limiting factor of corporate growth.

It's now gone. Companies now have much higher upper limit of complexity. It's still a competition, so it's not like every company is going to become "The Corporation" from dystopias. But there's no inherent limiter that prevents it anymore.

[–] WalterBright 1 day ago
IBM has been left far behind.