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Big tech companies are able to try 100 things out instead of 1 because they can rely on their stable revenue streams to pay the bills. I’m not sure how it would
by tracer4201 7y ago
Big tech companies are able to try 100 things out instead of 1 because they can rely on their stable revenue streams to pay the bills. I’m not sure how it would be a boon to innovation but am open to learning why you think that.
The major damage big tech is doing is in my opinion dodging regulations or inventing business streams that have no regulation, moving as fast as possible to get a solid footing, and then asking the government to regulate them. Therefore, they lock the smaller guys out. Therefore, there’s little to no competition.
- kaibee 7y ago> Big tech companies are able to try 100 things out instead of 1 because they can rely on their stable revenue streams to pay the bills. I’m not sure how it would be a boon to innovation but am open to learning why you think that. Is Apple trying 100 things out or are they hoarding insane amounts of cash in Ireland?
- tracer4201 7y agoSure, but on the other hand, you have FB, Amazon, Google, Microsoft. Look at all the things these companies are involved in.