I’m reminded of a situation that happened in a small town in Sweden.
Lots of boutique stores in the city centre moved into the newly created mall (due to the economics of malls being as they are)- the mall was also centrally located so: nothing lost.
Almost immediately after this happened; another mall was built outside of town (requiring a car to get to), but as you might expect: rents were substantially cheaper.
All those stores (via peer pressure, cost saving and so forth) moved into the new mall.
Those boutiques never returned and the high-street is dead.
— we have this same situation in tech,
We have lost the ability to function without loss leading technologies (all US based, tying those needs to whatever economic and political situation is happening in the US to the entire world), and, at some point that will have to end, but the oxygen has already left the room for anything else to exist - everything else is starved.
And, Microsoft will not save us, they are leaning into these practices and will suffer the same if US tech is regulated (as it should be). There’s no space for competition.