3 ms·
They couldn't bang out a social network over the last decade(s), I hardly believe they could bang out anything than keep extracting more money from the dying ad
by yard2010 3y ago
They couldn't bang out a social network over the last decade(s), I hardly believe they could bang out anything than keep extracting more money from the dying ad industry
- re-thc 3y agoThey can and have (Google Plus) but just scrapped it straight after in typical Google style.
- osigurdson 3y agoVery different. Social networks value derives from network effect - every additional user adds additional value to the ecosystem. Google simply started too late. Taxis compete on price, safety, quality of service. Virtually all of this value derives from the quality of the FSD implementation. Of course, this will extend to all forms of road transportation eventually. It is going to very much be a winner takes all situation for a number of years (perhaps a decade). The next phase will be a period of high fragmentation as the technology becomes commoditized and a race to the bottom will ensue. The final phase will be consolidation with a few players being best at execution, cost control and finance operations.