Everything was reinvested in bigTech companies, but now Facebook just announced a dividend. Apple does regular buybacks.
It means they're probably not going to do moonshots, not going to just do acquisitions that don't make any sense (which is not working also nowadays because of govenrment). ‘We’re really focussed on shareholder value.'
An aspect to Zuckerburg/Congress/Governments is that once you get a certain size, you've ‘won too much’ and people will start pulling you back down a bit. Big Tobaco. Pharma. Big Tech. We have an easy consession, which is age. 15 or 16 maybe, for social media.
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