Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> too big to fail suddenly

Also known as "a systemic risk".

This is the downside of allowing the concentration of economic power in too few hands. It's like other large scale systems. Yes there's a lot of redundancy; but that redundancy serves a purpose.



All the central planning of the old Soviet Union, with none of the pretense to public good.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: