3 ms·
Throughout my career 90% of my work's aim was to directly or indirectly eliminate jobs. That pushes pressure on labour and lowers / stagnates wages. Corporatio
by paulus_magnus2 9y ago
Throughout my career 90% of my work's aim was to directly or indirectly eliminate jobs. That pushes pressure on labour and lowers / stagnates wages.
Corporations rarely use tech to fight other Corpos. When they do the best strategy is to commoditize competitor's main market [1].
Ex1. free Google maps have killed many GIS / mapping businesses.
Ex2. Free Google Docs hurts badly MS Office (office is 33% of their revenue)
[1] Smart companies try to commoditize their products’ complements.
https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/ https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/