As a pure test case- Let's say there was an individual who founded a company, owned 100% of the equity, and designed a brand new product.
As a pure test case- Let's say there was an individual who founded a company, owned 100% of the equity, and designed a brand new product. The product solved an unmet need for consumers, sold at high profit margins, and was massively successful. Our inventor was well ahead of his time, and the next-fastest similar invention would've been invented 30 years later, during which time $500 billion of consumer value had been created. Would you admit in this case that the founder earned a substantial fraction of the $500 billion? To what degree is Bill Gates' wealth similar to this test case versus network-effect-capture, first-mover-advantage wealth? How do you quantify the value of Microsoft's software quality earning it's substantial market share, versus Microsoft getting there first and squatting on the network effect?
Posted by mech987 on Sep 15, 2022, 1:22 PM
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- I was skeptical, but this looks genuinely useful.
Raise real-world problems, find people facing the same issue, and discuss solutions.2,500 issues0 comments
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That's the biggest problem with iOS because Apple can be ordered to block them from the App Store and it would be instantly kill these pr...
NewI'm intrigued about the "Trip Planner" being a top-level app.
This asymmetry is IMO the biggest problem with AI-driven output.
This is one of the most important objectives in software today.
At least in Europe - these rouge corporations need to be reined in or just leave the market.
I was skeptical, but this looks genuinely useful.
Why has she gone through so many iPhones?
The biggest problem with Europe is the lack of innovation.
As a pure test case- Let's say there was an individual who founded a company, owned 100% of the equity, and designed a brand new product.
As a pure test case- Let's say there was an individual who founded a company, owned 100% of the equity, and designed a brand new product. The product solved an unmet need for consumers, sold at high profit margins, and was massively successful. Our inventor was well ahead of his time, and the next-fastest similar invention would've been invented 30 years later, during which time $500 billion of consumer value had been created. Would you admit in this case that the founder earned a substantial fraction of the $500 billion? To what degree is Bill Gates' wealth similar to this test case versus network-effect-capture, first-mover-advantage wealth? How do you quantify the value of Microsoft's software quality earning it's substantial market share, versus Microsoft getting there first and squatting on the network effect?
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