3 ms·
> I wonder if the root of the issue is profit expectations. When I was a youngster I was taught that capitalism promoted hard work and innovation, but it seems
by hgs3 4y ago
> I wonder if the root of the issue is profit expectations.
When I was a youngster I was taught that capitalism promoted hard work and innovation, but it seems like that's only true during a growth phase. Once you've got a cash cow there is no reason to innovate, once you've sold or licensed a patent you can cruise on royalties, and if some upstart threatens you then sue, slander, or buy them. Beyond a certain tipping point the need for profit hampers if not outright suppresses innovation.