💀
@0x00 @mrsaturday @holot @p @igel @canidaeportent@kiwifarms.cc @stargoose
You're comparing a market sector that was still in it's infancy, with one that is highly matured (if not fully). Not the same thing.
> You're comparing a market sector that was still in it's infancy, with one that is highly matured (if not fully).
All right, then pretend that, instead of IBM (which was not new) the example said "Wal-Mart" and instead of Microsoft, "Amazon".
@p @holot @canidaeportent@kiwifarms.cc @mrsaturday @stargoose @0x00
I think you missed the point. He was comparing the tech industry of IBM and Bill Gates time, that was still just starting up, with the movie industry (of today), that even at that point was a fully establish thing.
@p @holot @canidaeportent@kiwifarms.cc @mrsaturday @stargoose @0x00
You forgot the part where Amazon is going back to creating small grocery stores.
You don't topple a monopoly by doing exactly what they do and competing harder. You don't win by directly competing at all.
@p @holot @canidaeportent@kiwifarms.cc @mrsaturday @stargoose @0x00
Sure, you gain market share by innovation. But you're not gonna innovate unless you're incentivised to do it because of market competition.
"Competing harder" means precisely trying to find out what the others' weak points are and attacking them. You somehow think that Amazon wasn't "directly competing", but it's exactly what they did. They found out that everyone else was shit at diversity of products and infrastructure and worked at that to steal away clients from every company with physical stores. Battling over the same customers, and getting them to buy toilet paper from you instead of Wall-Mart is exactly what direct competition is.
> But you're not gonna innovate unless you're incentivised to do it because of market competition.
I disagree. Wal-Mart never saw Amazon as a competitor until it was too late. Microsoft thought it was competing with Apple and Netscape, not Google. The NYT thought of Twitter as an outlet, not a competitor.
Even if you own 100% of a market, there are more markets. Nobody has ever gotten to the to of the hill, failed to notice the other hills, and stayed at the top of the hill.
> "Competing harder" means precisely trying to find out what the others' weak points are and attacking them.
That's not how you become Google. That's how you become Coca-Cola or Pepsi: deadlocked for 50 years. Sears is dead from that exact struggle. You go ahead and pitch to the Burger King shareholders that this is going to be the year you wipe McDonald's off the map and they'll laugh at you.
> Battling over the same customers, and getting them to buy toilet paper from you instead of Wall-Mart is exactly what direct competition is.
remember to remove those money blinders every once in a while or you might miss something important.
@p @0x00 @canidaeportent @holot @mrsaturday @stargoose
@xj9 @holot @p @canidaeportent@kiwifarms.cc @mrsaturday @stargoose @0x00
>some people have this thing called a creative drive
Yes, individual people will sometimes do things purely out of their creative drive.
Companies don't work like that.
you know companies are often started by people, sometimes because of an idea they had.