4 ms·
> Competition is thriving as the big tech firms compete with each other. Thriving competition wouldn't result in super profits year on year.
by agd 3y ago
> Competition is thriving as the big tech firms compete with each other.
Thriving competition wouldn't result in super profits year on year.
- safog 3y agoOrganic growth towards computing and digital does that. Time spent online is increasing, services are getting better, people are moving to the cloud from on-prem etc. etc. It's not a zero sum game right now. The moment FAANGs are in a zero sum game trying to cannibalize each others' market shares I predict HN won't even have an argument around if tech firms are too big. That means tech has plateaued and has become a mature business like Coca cola or Kroger.
- Brusco_RF 3y agoWhy is profit a metric that you want to minimize? Do you have any other metric that shows lack of competition? Because the above poster outlined some pretty strong positive ones