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> less funding and more valueless throwaway products Everything is derivative. Even the latest generation of CPU technology pushing faster clock rates and add
by blackrock 7y ago
> less funding and more valueless throwaway products
Everything is derivative.
Even the latest generation of CPU technology pushing faster clock rates and adding more cores. It’s still derivative of the initial idea of the transistor.
You build value by building a moat. You make your business more valuable by making it harder for others to get into, almost like a natural monopoly.
Like consumer automobiles, which require a huge investment in societal knowledge and capability. Only a few countries can mass produce cars at a commercial level. Or commercial airplanes, where only a few companies can really make a profit. Or even Tesla, by changing the paradigm, from internal combustion engines, to fully electric drivetrains.
My initial comment was only to rebut the idea that you can’t do anything without massive amounts of patents and copyrights. Which in itself, has gone too far.