> complex production processes require scale and knowledge that can only be managed by sufficiently large institutions I think this makes an assumption that in

> complex production processes require scale and knowledge that can only be managed by sufficiently large institutions I think this makes an assumption that industry equilibrium relies on complex production processes. There is a lot of interest in simple production processes and I think that one trend that will continue in the next few years is the (both open and closed source) productization of production processes for consumption by progressively-less-technical individuals over time. This drastically reduces the amount infrastructure (and corresponding capital) required to bring innovative new products to market, unseating incumbents and breeding healthy competition.