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I didn't really understand what TFA was saying except when it said that catching an Uber is a pretty similar experience to catching a taxi. I get that. So, if

I didn't really understand what TFA was saying except when it said that catching an Uber is a pretty similar experience to catching a taxi. I get that. So, if the main point of TFA is that "disruption" isn't very disruptive, then what are you saying? Could you illustrate with an example?

lowdose 6y ago
Last year FAANG created 98% of the S&P500 return. This means that the other 495 incumbents made a lost and are being disrupted. Facebook > Users > Content > Advertisers Apple > Developers > Apps > iPhones Amazon > Sellers > Products > Buyers Netflix > Creators > Video Content > Customers Google > Websites > Webpages > Advertisers
- Bishop_ 6y ago
  Do you have a citation for that? That doesn't seem like a good thing long term that 98% of gains are in one "industry"
  - capnorange 6y ago
    this is not really one "industry", tech is just an enabler here. The only difference is what was once physical is now digital.