In the past, the dominance of physical goods and limits of geography helped rein in consumer monopolies. (U.S. antitrust laws didn’t hurt either.) But going forward, digital goods and services will continue eating up larger shares of the consumer pie, and autonomous trucks and drones will dramatically slash the cost of shipping physical goods. Instead of a dispersion of industry profits across different companies and regions, we will begin to see greater and greater concentration of these astronomical sums in the hands of a few, all while unemployment lines grow longer.
