We already are seeing the futuristic dystopia unfold before our eyes in 2023. In 2024 it will only become more and more exacerbated by AI integration.
This is known as a “Winner-Takes-All Market”:
https://www.investopedia.com/terms/w/winner-takes-all-market.asp
Aren’t those mostly the exact same companies as FAANG?
FAANG included Netflix; Nvidia and Tesla weren’t part of FAANG