2 ms·
> You should look at the GDP per capita i dont think it's wrong to compare the US to IBM. The GDP per capita is high still because the returns from investments
by chii 4y ago
> You should look at the GDP per capita
i dont think it's wrong to compare the US to IBM. The GDP per capita is high still because the returns from investments made many decades ago (in fact, almost a century ago!) are bearing fruit. I'm talking about highways, infrastructure and research/development.
But those investments will eventually be completely consumed. So what investments are being made today that would replace it?
IBM was still very profitable when their downfall began.