innovation is dead

the giant components are caught in a self feeding cycle that promises to make the poor poorer and the rich richer.  
Industry is in a stage of consolidation, with the biggies buying out the competition. Once consolidated, the market will be nothing more than golden geese which will be milked to death, unless some effort is made to return purchasing ability to the middle.
However, the top 1 % will never find any reason to not maximise the inflow of cash.
forget innovation, there's only one game in town , and that's 'keep your job at all costs'. If too many become unemployed too fast, then the wheel might turn and off-the-grid alternatives might pop up.