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Tech companies whose efficiency depend heavily on the physical world (outside of servers) are not tech companies. How long could the product run in theory if e
by almost_usual 6y ago
Tech companies whose efficiency depend heavily on the physical world (outside of servers) are not tech companies.
How long could the product run in theory if every human left? If it’s days/weeks then you have a tech company. If it’s not you don’t.
True tech companies should have a high GAAP margin.
- RivieraKid 6y agoProfit margin is determined by market power (monopoly on one extreme, perfect competition on the other), not by being a tech company.
- almost_usual 6y agoPeople are harder to control than servers. The government also cares more about monopolies and people than servers. Uber and Lyft wouldn’t be investing billions in self driving otherwise. The markets will demonstrate how profitable these companies are in the long term I suppose.