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But that only applies for a while, right? Today's big tech companies continue to make profits, but without great innovations. They are mostly iterations where t
by plastic-enjoyer 3y ago
But that only applies for a while, right? Today's big tech companies continue to make profits, but without great innovations. They are mostly iterations where the product is only marginally improved or even made worse.
- classified 3y agoThey went from product building to rent seeking.
- lo_zamoyski 3y agoProduct development is not synonymous with providing economic value.
- 082349872349872 3y agoTFA's notion of entrepreneurial returns is in contrast to the innovation-free profit rate