They've run out of useful features to add, so now they're competing on price & psychological tricks. Only way out is disruptive innovation.
The state of the airline market is the natural state of a market that hasn't been technologically disrupted in far too long.
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@pmarca Yeah, you're probably right. Telepresence will make the future of transport so boring. -
@pmarca Especially since i-bankers apparently travel as a form of counter-signaling. So making it more painful would be even better, right? - 1 more reply
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@pmarca@paulbaumgart So do you think that the virtual economy will become the majority of the economy? I imagine as robots grow goods cheap -
@owen_flanagan@pmarca If 3d printing lives up to the hype, the only markets left will be printer cartridges and virtual goods. - 1 more reply
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@pmarca@paulbaumgart Yeah, I guess that VR gives you a new set of posibilites. Occulus acquisition seems really good right nowThanks. Twitter will use this to make your timeline better. UndoUndo
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