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> Economic incentives for innovation and disruption are greater when a monopolistic entity is over charging for it's good or service. Care to back that up, or

> Economic incentives for innovation and disruption are greater when a monopolistic entity is over charging for it's good or service. Care to back that up, or are we supposed to take your, frankly, very unorthodox views at face value? Every industry I can think of with entrenched monopolies sees almost no innovation until things get so bad that they are finally disrupted: aerospace, energy, advertisement, telecommunications, and the list goes on and on.

SamReidHughes 6y ago
Amazon doesn’t really “have” a monopoly. Walmart just can’t compete online, but it’s because they suck, not because of a structural force stopping them.
ghastmaster 6y ago
> Every industry I can think of with entrenched monopolies sees almost no innovation until things get so bad that they are finally disrupted: aerospace, energy, advertisement, telecommunications, and the list goes on and on. Intel's virtual monopoly of microprocessors has led to AMD's recent advancements: https://seekingalpha.com/article/4247790-intel-vs-amd-battle-for-market-share https://seekingalpha.com/article/4247790-intel-vs-amd-battle... https://www.tomshardware.com/news/amd-vs-intel-cpu-market-share-q4-2019-epyc-and-ryzen-growth-decelerate-mobile-ryzen-up https://www.tomshardware.com/news/amd-vs-intel-cpu-market-sh... Check out the historical market shares in the links. Markets have changed in time with respect to computing. People are opting for mobile devices which use arm processors(even breaking into server space). Unless the behemoths in the industry adapt, their industry may not exist in the future. That is innovation and disruption happening right now. Intel had in 2018 90.4% of the desktop/notebook/server market with 96.8% of the server market share. Maybe this is only Intel vs. AMD stats. Are servers run with other processors? Standard oil(Arguably the most notorious monopolistic company in the history of the United States) by comparison: "At one point, it was believe that they controlled somewhere between 88% to 91% of all the oil in the United States"

SamReidHughes 6y ago

Amazon doesn’t really “have” a monopoly. Walmart just can’t compete online, but it’s because they suck, not because of a structural force stopping them.

ghastmaster 6y ago

> Every industry I can think of with entrenched monopolies sees almost no innovation until things get so bad that they are finally disrupted: aerospace, energy, advertisement, telecommunications, and the list goes on and on. Intel's virtual monopoly of microprocessors has led to AMD's recent advancements: https://seekingalpha.com/article/4247790-intel-vs-amd-battle-for-market-share https://seekingalpha.com/article/4247790-intel-vs-amd-battle... https://www.tomshardware.com/news/amd-vs-intel-cpu-market-share-q4-2019-epyc-and-ryzen-growth-decelerate-mobile-ryzen-up https://www.tomshardware.com/news/amd-vs-intel-cpu-market-sh... Check out the historical market shares in the links. Markets have changed in time with respect to computing. People are opting for mobile devices which use arm processors(even breaking into server space). Unless the behemoths in the industry adapt, their industry may not exist in the future. That is innovation and disruption happening right now. Intel had in 2018 90.4% of the desktop/notebook/server market with 96.8% of the server market share. Maybe this is only Intel vs. AMD stats. Are servers run with other processors? Standard oil(Arguably the most notorious monopolistic company in the history of the United States) by comparison: "At one point, it was believe that they controlled somewhere between 88% to 91% of all the oil in the United States"