alt Hacker NewsHow about: excellent technology will demand premium prices, and hence will have the capital to back it ... horseshit technology will die a death, and any horseshit capital that backed it.
Opening up will make things more efficient and at least give said horseshit capital a chance at being redeployed elsewhere a slightly higher chance of being successful.
VCs have been horseshit for some time and throwing money at horseshit startups to increase their AUM, their incentive structures are fundamentally misaligned with their clients.