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>I’m very curious what would happen to Google and Meta if Apple announced they’re going to seriously pivot into ads with a revenue target of 100B per quarter.
by mrkramer 4y ago
>I’m very curious what would happen to Google and Meta if Apple announced they’re going to seriously pivot into ads with a revenue target of 100B per quarter.
Real capitalism would start happening or in another words vigorous market competition.
- andrekandre 4y ago> words vigorous market competition as a famous person once said about companies "the last thing anyone wants is competition"! * * https://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 https://www.wsj.com/articles/peter-thiel-competition-is-for-...
- mrkramer 4y agoI meant vigorous market competition from the economical point of view not from the entrepreneur's point of view. But yeah the ultimate goal of every "for-profit" company is monopoly but the goal of every economist is vigorous market competition which improves quality of products and drives prices down.
- andrekandre 4y agooh definitely, i don't disagree with that at all, sorry if it was confusing was just pointing out that what we want (competition) and what they want (monopoly) is kind of at odds..