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Instagram the software has no intrinsic value. The whole thing could be reproduced in no time. It's the network effect that matters and getting that effect is e
by choeger 4y ago
Instagram the software has no intrinsic value. The whole thing could be reproduced in no time. It's the network effect that matters and getting that effect is essentially a hack. Yes, the author's prime example is a hack of society.
That's not automation, it's an example for the fact that software can be copied for zero cost.
Compare that to a company with an intrinsic value, like Tesla. How far could Elon (I know he's not the founder) automate Tesla? Even if all tools for such an automation were available, how would a single person even know how to design and build a car, let alone the required automated factories?