Halcyon Days, Hype and Halucinations

On January 1, 2023

Toomas Hendrick Ilves wrote on Mastodon

Elon Musk's text messages are a skeleton key for the final, halcyon days of the tech boom, @cwarzel writes. https://www.theatlantic.com/technology/arc

This is a view of a largely unregulated market of mergers.

The collapse of monopolistic walled gardens because of "Boy's Club" activities becoming public should not surprise anybody. The "Big Three" steel companies of 1960 are gone; their progenitors, the railroads, are in public hands. The boys club of Henry Clay Frick, Andrew Carnagie and Andrew Mellon who had enlarged the dam at the South Fork Hunting Club which collapsed causing the 1899 Johnstown Flood.

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