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Interestingly, Thiel (of all people), has argued that companies in a monopoly position tend to treat their employees well, focus on fundamental research, and fo
by gizmo 10y ago
Interestingly, Thiel (of all people), has argued that companies in a monopoly position tend to treat their employees well, focus on fundamental research, and focus on delivering the best products for their customers. He argues that businesses with a thin profit margin can't afford to do any of that and so are more brutal and authoritarian and they can't afford the long term investments necessary for real innovation to take place.