The rise of the "Seven Giants" in the US stock market reveals a harsh truth: the traditional economy is heading towards collapse, and the digital revolution is consuming everything.

The stock trend chart of the "seven giants" in the U.S. stock market shows an astonishing consistency: a steep rise, like climbing Mount Everest, while the other 493 S&P 500 constituents remain relatively stable. This stark contrast reveals a brutal truth: the traditional economy is heading towards decline, while the internet economy is taking over the global business landscape. Bitcoin advocate, The Network State founder Balaji Srinivasan candidly states: "The traditional economy is in decline, and it is being replaced by the internet economy."

####The Astonishing Similarities of Tech Giants: Ironclad Evidence of Digital Transformation

(Source: CryptoSlate)

Stripe CEO Patrick Collison has also noticed the similar growth trajectories exhibited by companies like Google, Apple, and Microsoft. He posed a key question: why do these companies, which "appear to be engaged in completely different businesses," demonstrate such consistent growth momentum?

Balaji's explanation goes straight to the core: "I believe these charts reflect the long-term shift of people to the internet. Almost all activities that used to be conducted offline have moved online and are conducted through technology companies."

This is not just a random pattern, but signifies a deeper structural economic transformation. The economic term "long-term transition" is unfolding before our eyes: the global economy is undergoing a permanent shift from offline to online.

####Digital Migration: From Accidental Trends to Structural Changes

From grocery orders to financial transactions, interpersonal interactions, and even remote work, the wave of digitalization accelerated by the COVID-19 pandemic has become a primary means of business and social connection. This is no longer a short-term trend, but a complete economic restructuring.

Balaji's perspective clearly expresses today's economic reality: technology companies are not only developing but are becoming the main infrastructure of life itself. "Traditional" industries such as real estate, banking, and manufacturing are being repositioned, reshaped, and even completely replaced by software.

####The Internet Devours the World: Balaji's Prophecy Comes True

In the words of Balaji, almost all offline activities are "conducted through tech companies" because digital-first solutions provide unprecedented scale, efficiency, and global impact. This is not a simple innovation cycle, but a platform reshaping.

It is precisely for this reason that companies that once had nothing in common now show the same growth curve or contraction risks: the offline world is shrinking, while the online economy continues to expand to fill this gap.

For investors and founders, these trends reinforce a simple yet harsh principle: either bet on digitalization or face the risk of being eliminated. The parallel growth model of unrelated industries indicates that internet penetration has now become the greatest driving force of economic destiny.

####Winners Take All in the Digital Economy: Warnings and Opportunities

Technology companies have become intermediaries for everything, leveraging their network effects and digital tracks. They reinforce the apparent winner-takes-all pattern in today's market. This means different challenges for different groups:

For investors: The degree of digitization will become a key indicator for investment decisions.

For enterprises: Digital transformation is no longer an option, but a necessity for survival.

For policymakers: This is a warning that unless conscious intervention measures are taken to bridge the digital divide, social polarization will only become more severe.

The trends of the seven giant stocks, especially Google, Microsoft, and Apple, indicate that most of human behavior in the future will be conducted through software. This world is not reshaped by a single breakthrough, but rather by a universal and irreversible transformation from physical space to cyberspace.

Charts are evidence, and trends will only become more apparent. The decline of the traditional economy and the rise of the digital economy are not possibilities for the future; they are realities that are happening now. For investors and entrepreneurs, understanding and adapting to this shift will determine success or failure in the future.