4 ms·
+1 Not to dunk on the author, but after reading a bunch of literature on it and experimenting with 2 asset bubbles myself, it's quite bad that people dilute th
by braza 3y ago
+1
Not to dunk on the author, but after reading a bunch of literature on it and experimenting with 2 asset bubbles myself, it's quite bad that people dilute the word/economic phenomena without any further research from the past.
What is happening is that we have a great fragmentation of technology due to its many barriers of adoption and commoditization, where everyone will surely try to ride their R&D teams and investments.
At the end of the day markets will pursuit the maximum edge with the cheapest price available (in this case Open Source models, libs, and data(?), and consumers will converge to the cheapest of the best network; so the most rational movimento for a lot of businesses is to bet in something that can give some positive returns instead to miss out and be eaten.