Is it still possible in certain industries
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To take a site from no where to the top of google in some of the top industries such as Gambling and Finance.
I am a never say never type entrepreneur and say yes the logic is there as with all SEO to break into it.
How do you feel the internet will shape up in say 10 years time will we see less of the smaller guys take on the world with the larger keywords.
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I believe that you can still take a site from nowhere to the top of very competitive SERPs. However you are going to need fantastic content or a fantastic budget and maybe some of both. Plus you will need some smart smart SEO and social media abilities to make it happen.
Ten years ago there were a lot more small websites run by individuals that were "high quality sites of the day". Today most of those sites have been wiped out by multiple Goliath sites in their niche. Big sites like wikipedia take one or two spots on the first page.
Ten years from now competition will be insane and we will look back at 2011 as the "easy days of the web".
When I was a kid there were a couple small stores on every residential street in town. People sold from a room in the font of their house. When I was a teenager small "markets" in every neighborhood clobbered the "front room stores". When I was in college a "supermarket" on each end of town clobbered the small markets. Then even bigger supermarkets came into dominance and today the SuperWalMart and SuperKMart are killing the supermarkets. The same thing will happen on the web.