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This is a really interesting piece and it is imperative that this generation of techies really takes to heart the war between tech enabling people and tech trap
by aaron-lebo 11y ago
This is a really interesting piece and it is imperative that this generation of techies really takes to heart the war between tech enabling people and tech trapping people, but a quote in particular made me question a lot of the statements and notions presented.
He quotes Thiel's "competition is for losers" statement, which is prominent in Zero to One, to suggest that Thiel doesn't believe in competition. But really Thiel is just saying that from a business perspective, you should be looking for non-competitive markets.
- Fomite 11y agoWhile true, the combination of the Thiel's beliefs ends up feeling a little bit "For me, but not for thee". Relying on the free hand of the market to take care of things depends on there being a market, but any given company is massively incentivized to distort the market as far as humanly possible.