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Same here. But basically it shows that "value" as considered by economists, has moved from physical assets to things like software, expertise, marketing brands
by RetroTechie 3y ago
Same here. But basically it shows that "value" as considered by economists, has moved from physical assets to things like software, expertise, marketing brands & other 'soft' stuff like intellectual property.
And with that, companies considered most valuable (market cap) have changed from ones that manufacture physical goods, to the .com advertising / cloud computing / online shopping giants of today.
I'm piling the "socials" onto the "advertising" heap here... ;-)