So Much Tech. So Few Winners.
We know that in the 15 years since the iPhone went on sale, technology has seeped into every crevice of our lives. Tech has reshaped politics, industries, leisure time, culture and people’s relationships to one another — for better and for worse.
The march of technology has also come with this puzzling reality: Hardly any technologies of the iPhone era have been an unqualified success.
I would argue that just one smartphone-age consumer internet company has emerged as a no-doubt winner in popularity and financial vitality: Meta, with its Facebook and Instagram apps.
(The company was founded in 2004, but