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I'd argue that competition would drive more technological advances. There are commonly complaints on HN that FAANG are sucking up all the talent after all. Hav
by rifung 8y ago
I'd argue that competition would drive more technological advances.
There are commonly complaints on HN that FAANG are sucking up all the talent after all. Having worked at Amazon and Google I definitely feel most people are overqualified..
- rayiner 8y agoSince when does competition drive more innovation? What’s more innovative, Google, which uses its monopoly on search to bankroll things like self-driving cars, or Lenovo, which is in an intensely competitive PC market? How innovative is the Android phone market, versus Android itself? As a thought experiment, imagine Apple adopted Android, thus opening itself up to more competition. Do you think they would be more innovative as a result? Or is Apple’s level of innovation (it’s CPUs are destroying its conpetitors’ By a factor of 2-3x performance per watt these days), the result of being able to leverage massive cash flows that its monopoly on iOS devices throws off?