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Profit margin is determined by market power (monopoly on one extreme, perfect competition on the other), not by being a tech company.
by RivieraKid 6y ago
Profit 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.