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The pace of innovation is the fundamental determinant of competitiveness in tech companies. All companies are becoming tech companies.
Precisely! I see a massive increase in the number of startups, and long/stable careers will become basically be non-existent. Imagine being in a successful startup, making buck, switching to another, failing, and the cycle continues.
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Yea that seems like the most likely scenario. Innovation requires an environment with a lot of skin in the game which only a startup can provide. Fundraising is also getting exponentially easier.
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IMO the end state will prob be a market with large amount of high margin businesses/startups built on top of a few low margin platform providers (e.g manufacturing / infrastructure). One provides product innovation while other provides economy of scale.
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