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Read the article and try to replace every description of computer technology with mechanization. You'll find that in many instances you'll see the same thing. I
by genericresponse 11y ago
Read the article and try to replace every description of computer technology with mechanization. You'll find that in many instances you'll see the same thing. I don't disagree with the piece, but I think its chief error is failing to identify what's coming from network effects vs. pure economies of scale.
I would argue that Uber's dominance is the intentional strategic choice to seek monopoly in their space. We saw the same things during the growth of mechanization.
- sharemywin 11y agoI think most of it is coming from capitalization. go find a venture company that will fund you to be the 10th player in a market.