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You're making the same mistake as GP by guessing which harms the argument in favor of NN. There are many reasons not to be in a market. The profits are not "eas
by kodablah 8y ago
You're making the same mistake as GP by guessing which harms the argument in favor of NN. There are many reasons not to be in a market. The profits are not "easy". Providers charge what they can in markets, so not every dollar cost, especially when used in comparison with a completely different country, is a result of competition. For example, many European countries likely have cheaper and better mobile coverage than the US compared as a whole. By your invalid logic, higher prices and substandard quality in the US is due solely to lack of competition which is false. Same with many other markets and industries you can compare.
These kinds of different-environment correlation mistakes based on some misplaced common sense do not help. More specifically to the Google case, these assumption mistakes that are then used to buttress NN arguments reduce the strength of the argument, especially while there are many evidence based examples in favor of NN one could use instead.