I love how you're applying JTBD to your thoughts. Bring on more!
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the word marketplace confused me at first. I kept thinking of a two-sided marketplace instead of the entire market
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not entirely right because you can only offer as much as your proposition. There is always a niche you won't target well enough.
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Straight-up wrong. Intellectual labor mines things from the ether, an infinite expanse of value that has not existed yet.
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With specific relevance to products, many of the defining products create their own markets. My iPhone didn't replace anything.
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I won’t say it’s always sum zero. Both Google & Apple are doing well in overlapping markets. Just because Nokia & GM failed (1/2)
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it doesn’t mean the market wasn’t good. They just couldn’t innovate and catch up to what customers wanted. No? Interesting! (2/2)
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economy is based on growth, so the game is not about losing/gaining however what you describe is new methods taking over old ones
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I am sure that in the non distant future as we see exponential changes, Google and Apple will be replaced by smaller, smarter,...
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I think a Zero Sum Game is what you’re referring to but I do t think a competitor (or innovator) necessarily creates that
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but I just did this brain dump and I'd love your input. Help refine my thinking.