The Diary Of A CEO with Steven Bartlett

Podbit · The Diary Of A CEO with Steven Bartlett

Billionaire's WARNING: I'm SELLING. The Crash Is Already Here!

Explore episode Jun 25, 2026
Technology
The Mag 7 Used to Have Separate Monopolies. Now They're All Fighting Each Other.

Billionaire's WARNING: I'm SELLING. The Crash Is Already He… · Jun 25, 2026 Technology

Apple, Google, Microsoft, Meta, Amazon, Tesla, Nvidia each had near-monopolies in their own space. Now they're all pouring hundreds of billions into the same AI battle with no guaranteed winner. The shift from 7 separate monopolies to 7 brutal competitors is one of the most dramatic reversals in corporate history.

Where this was said

The Battle Between The Magnificent 7

At 37:50 · chapter starts 35:44

Apple, Google, Meta, Amazon, Microsoft, Tesla, and Nvidia once held separate near-monopolies. Now they're all fighting in the same AI arena with $200 billion+ annual CapEx budgets — and only one can win.

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