The never ending loop in the battle for software/Internet dominance

From Dave Winer:

"Facebook is hot now, but history has shown that being a hotbed doesn't scale. That eventually these companies have to tap into the general talent pool and they end up achieving the same level of mediocrity as the previous dominant one. It happened to IBM, the minicomputer companies, IBM again, Microsoft, now it's Google's turn, and soon it will be Facebook's"

Does this loop ever end? Scripting News.

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