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At least now, yes. It was certainly an odd market before, somewhat segregated from other industries, but now technology is the driver behind all sorts of market
by themartorana 11y ago
At least now, yes. It was certainly an odd market before, somewhat segregated from other industries, but now technology is the driver behind all sorts of market moves - from lower prices to lower costs and higher profit margins to being part of almost every advantage one competitor gains over another.
I think people imagine "technology" is only Uber et al and can still be segregated into its own market, but some of the most interesting tech developments and software engineering are happening far from the Silicon Valley app-culture.
- ThomPete 11y agoHmm. I would buy that it wasn't easy to include it into economic models but it wasn't impossible and for a long time it's been an important factor to understand economy. Right now it's practically impossible to say anything relevant about the economy without because we don't have a model that includes technology.