When it comes to tech, the cost of iteration is low, evolution is speedy—and the sky is the limit. Chatted with @Simon Sinek about how the power of competition is pushing the industry forward.

Here's the weird paradox. Google certainly has monopolistic practices and characteristics. The papers, the research that OpenAI built on actually originated in Google. But because Google was so paradox of choice, bureaucratic, they didn't want to cannibalize their beautiful search business, there was no internal incentive to actually develop this technology and it took an outsider to disrupt it. So while at the same time I agree there are certainly monopolistic things about Google and what it's done, in the span of a few years, they are going to get severely challenged, if not upended, by technology they actually invented in-house. And that speaks to the nature of tech, the cost of iteration, the rapidness with which technologies can evolve and change makes it a different beast. And I don't think antitrust folks have really caught up with that either. Government reacts, something has to break first before they regulate. Technology will just keep improving faster and faster and then you have institutions like government that by design are slow and plodding along. The next five or 10 years, technology will just keep outpacing and outstripping these institutions' ability to think through it. This is the power of competition.