Look at Intel—an absolute monopoly for decades, everyone said they'd never fall. But they did. The government bailed them out with billions because they're "too important to fail." Apple is even bigger. When they start truly failing, governments won't let them collapse—too much infrastructure depends on them. But "not allowed to fail" doesn't mean "allowed to thrive." Intel is a zombie now—alive but not really competing. Apple will eventually become the same: massive, declining, propped up by governments, but no longer innovating. You're right—nobody falls anymore. They simply become permanently mediocre monopolies that extract rent while quality continues to degrade.