3 ms·
> Why is the keyboard story receiving so much attention from such a variety of sources? The answer is that it is the centerpiece of a theory that argues that ma
by asymmetric 9y ago
> Why is the keyboard story receiving so much attention from such a variety of sources? The answer is that it is the centerpiece of a theory that argues that market winners will only by the sheerest of coincidences be the best of the available alternatives
> Because first on the scene is not necessarily the best, a logical conclusion would seem to be that market choices aren't necessarily good ones
By the way, the reason.com article also goes into an explanation of path dependence, which the grandparent mentions extensively.
- mannykannot 9y agoThe reason.com article inflates the significance of the QWERTY myth, and then claims that debunking it debunks path dependence, which, of course, it doesn't.