People have always said this. About Xerox. About Kodak. About Microsoft. About IBM. About Ford/GM. And on and on and on.

Your sentiment only makes sense on short scales of time. Believe it or not, one day Google and Apple will be challenged too. Just like Facebook will be relegated to the MySpace realm.

As long as there is big $ to be made, those companies that seem impermeable today, will almost invariable be the HBS case study of “what went wrong” tomorrow.

The only thing that diminishes that carrot of magnificent riches is the wet blanket of government. Seriously, haven’t you ever wondered why healthcare / education / universities are some of the least innovative and highest cost industries out there??