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If you have a self driving car selling them to Uber rather than taking the profit for yourself is just stupid, much like selling bitcoin mining hardware - if it
by n00b101 10y ago
If you have a self driving car selling them to Uber rather than taking the profit for yourself is just stupid, much like selling bitcoin mining hardware - if it's worthwhile you might as well just let it make you money?
Counter-example: High-Frequency Trading equipment manufacturers, like Metamako[1] and Arista Networks[2]. Their hardware enables HFT firms to make money, but they stay in the network equipment business instead of becoming HFT investment firms. This seems to have worked out well for both sides.
[1] https://www.technologyreview.com/s/602135/high-frequency-trading-is-nearing-the-ultimate-speed-limit/ https://www.technologyreview.com/s/602135/high-frequency-tra...
[2] https://www.arista.com/en/solutions/high-frequency-trading https://www.arista.com/en/solutions/high-frequency-trading