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As Big Tech’s Growth and Innovation Slow, Its Market Dominance Endures
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The top U.S. technology companies were once a rare combination of big, fast-growing and ferociously innovative.
Now, they are mostly just big. Their growth has ebbed and their innovations have been underwhelming. Some now see artificial intelligence as the next catalyst for growth. But it remains to be seen whether AI produces a genuinely new product, or serves mainly to entrench these companies in markets they already dominate.
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