4 ms·
I'm not sure I like the continued consolidation of all things tech around just a few large companies. That's generally not a good place to be.
by Twirrim 7y ago
I'm not sure I like the continued consolidation of all things tech around just a few large companies.
That's generally not a good place to be.
- Barrin92 7y agogiven the significant returns to scale in the tech industry this is a pretty natural development and it happens in most tech sectors over time as monopolistic competition generally outperforms the 'bazaar' economy. 'small business' is only the equilibrium in sectors that can't increase aggregate output by growing or capital investment like say, the restaurant industry.