>AI, biotech, and energy The problems you described with these fields are known as "barriers to entry". They are bad for competition and foster lower-order mar

>AI, biotech, and energy The problems you described with these fields are known as "barriers to entry". They are bad for competition and foster lower-order market structures and/or price distortion in virtually any industry, not just those in the tech sector. Thus they're generally frowned upon by all but the most extreme laissez faire capitalists: https://en.wikipedia.org/wiki/Barriers_to_entry https://en.wikipedia.org/wiki/Barriers_to_entry