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> 5-person startups can outcompete billion dollar companies
It used to be like that, but it looks like we're at a threshold, crossing which would mean that it would no longer be possible — for different reasons, anti-competitive practices — and the capacity to pursue them; and products themselves becoming too complex for it to be possible to be developed by a small group of people — to name a few.
State actors could in theory chime in and deal with anti-competitive practices especially in the fields dominated by the so-called "big tech", but the way things are now, I won't have my hopes up. When I've been still reading Project Syndicate, I got the impressions that a lot (if not most) indeed think something like "Why would we do something about these companies? They seem to be able to continue to innovate",— and of course, reading this always made me a sad panda :marseysigh: