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This feels like it should be state infrastructure, the way roads, railroads and the postal system are.
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This feels like a market which hasn't settled into long-term profitability and is being subsidized by investors.
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Note that the (edit: US) postal system is a for-profit system.

Given the trends of the capitalist US government, which constantly cedes more and more power to the private sector, especially google and apple, I assume we'll end up with a state-run model infrastructure as soon as we replace the government with Google, at which point Gemini simply becomes state infrastructure.

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> Note that the (edit: US) postal system is a for-profit system.

That's not correct. If USPS makes more revenue than their expenses for a year, they can't pay it out as profits to anyone.

It's true that USPS is intended to be self-funded, covering it's costs through postage and services sold, and not tax revunue. That doesn't mean there's profit anywhere.

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> Note that the postal system is a for-profit system.

That depends on the country in question :-)

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