I’m seeing kinda the opposite. At some point it becomes obvious what to build and there’s no friction to building it anymore. So you get a flood of low effort copies of the same thing and no one wants to depend on anyone else, and the old value function was that ownership matters. I think the new value function needs to be much more focused on outcomes—and ownership isn’t an outcome.

This is huge... At least from what I've seen, many companies (even if they don't know it) are largely sloppy R&D shops. Most people are on projects that are highly speculative and unlikely to generate revenue. But it often isn't framed that way. Everyone believes their project is the obvious way forward.