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> Technology does not equate with winner-take-all, in my view It does not, or you do not want it to? I agree with the latter, but it would seem the former is n
by voisin 6y ago
> Technology does not equate with winner-take-all, in my view
It does not, or you do not want it to? I agree with the latter, but it would seem the former is not supported by facts. The FAANG companies certainly seem to show that any newcomer is (a) bought and absorbed or (b) copied and economically undermined. The profits are just so high in technology that the winner will go to great lengths to protect them and have the resources to do so.