Incumbents have looked unbeatable at the start of every previous platform shift and have still lost.

I'm pretty sure people thought Microsoft had an advantage on the internet and Google and um Meta had an advantage on mobile and everyone thought IBM was going to win PCs. Like once IBM made a PC, that was it. It's all over now. And we kind of forget that like there were PCs before and then IBM made one and that kind of became the standard but then IBM lost it.