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I'm a big fan of the argument that there is significantly less to differentiate companies like TSLA from their traditional competitors. Which is basically the t
by Traster 8y ago
I'm a big fan of the argument that there is significantly less to differentiate companies like TSLA from their traditional competitors. Which is basically the take from the first half of the article (which I think the author is arguing is wrong), but using evidence like P/E change in the last two years is quite frankly bollocks. There has been a big dip in the stock market in the last few months and there's very likely a slow down in China occuring - Apple's stock alone is down 30% from peak.
But moving on to the interesting second half: what this guy is describing - yet somehow not noticing - is a trend towards massive mergers to form monopolies. That's nothing to do with Tech. In fact what this article is suggesting is basically what we're going to do is re-create all these destructive monopolies and rather than protecting consumers like we used to, we're going to just label it 'tech' and bend over for it.
- SuoDuanDao 8y agoI'm not sure I agree - I think workforce is the ultimate differentiator in any case, and the tech companies - over the last decade at least - managed to be seen as the employers of choice. That could really create a strategic advantage, though perhaps not a long-lasting one.