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It's good if there is a competitive innovation that enables a premium service that a customer is attracted to... If it is profit-generation through the anti-com
by Nihilartikel 8y ago
It's good if there is a competitive innovation that enables a premium service that a customer is attracted to...
If it is profit-generation through the anti-competitive creation artificial scarcity then it is not innovation. It is not creating economic efficiency. It is the value-suck of rent seeking. A tumor upon the economy.
- jjoonathan 8y agoYou can bet the business cretins will call anticompetitive thottling "innovation," though, and that the people actually innovating probably won't because they can afford to be specific on account of having nothing to hide.