I like to scan these articles for numbers before reading. If I don't see any, I exit out. If you're going to talk about financial/economic phenomena please at least conduct a modicum of quantitative research and give us some concrete data to discuss, not just opinions in a void.
After the Gold Rush
41–50 of 131 posts
Re: After the Gold Rush
#42I'm not sure it's possible to grow as large as Google, Apple or Facebook and remain agile. The product and organization gains too much inertia on its own. Even if you have a brilliant idea for improving the product there are hundreds of people you need to convince, months worth of meetings and reams of design docs required.
The big companies may be innovating on the edges, but their established products are all ripe for disruption.
Of course, if you look too disruptive they'll probably just buy you with their mountain of cash.
Re: After the Gold Rush
#43Then[1] and Now[2] [1] http://www.nytimes.com/2008/04/09/technology/09silicon.html [2] http://www.nytimes.com/2016/02/22/technology/caution-rebuffe...
I am not sure of what to infer from these. In the end, the entire macroeconomic background is different.
"And they assert that they are not feeling anything like the pain that followed the collapse of the dot-com bubble, which led to big job losses, an exodus of talent, a plunging commercial real estate market and a significant drop in investment in start-up companies."
Re: After the Gold Rush
#44I agree with this article overall, especially re: Google, but I do not agree about Facebook. Most American users 13-25 do not use Facebook anymore. Facebook will either have to work out a business model that makes it profitable to frequently buy WhatsApps/Instagrams and then Snapchats/Telegrams/etc or they will end too.
I agree. I ask myself this question; "If was to disappear tomorrow, what would happen?" The answer for Facebook and me, is nothing. If Google disappeared tomorrow, I would be hurting for many services I probably take for granted. I suspect if Facebook disappeared tomorrow, most people's lives would not materially change for the worse. Perhaps they would even change for the better.
Re: After the Gold Rush
#45As someone who has worked at Google for a few years, I can't agree with the author's characterization of tech behemoths. While they have embraced the start-up mode of doing things for some new projects and are very free with their investing, their core business is everything you'd expect from a big business. I'm not sure it's possible to grow as large as Google, Apple or Facebook and remain agile. The product and org…
Woe! :P
Re: After the Gold Rush
#46Re: After the Gold Rush
#47The gold rush is over because everyone who wants a PC has a PC. -2005ish
Re: After the Gold Rush
#48Re: After the Gold Rush
#49Earlier quoted context omitted.
I agree. I ask myself this question; "If was to disappear tomorrow, what would happen?" The answer for Facebook and me, is nothing. If Google disappeared tomorrow, I would be hurting for many services I probably take for granted. I suspect if Facebook disappeared tomorrow, most people's lives would not materially change for the worse. Perhaps they would even change for the better.
I think a lot of people would be better off without Twitter.
Re: After the Gold Rush
#50As someone who has worked at Google for a few years, I can't agree with the author's characterization of tech behemoths. While they have embraced the start-up mode of doing things for some new projects and are very free with their investing, their core business is everything you'd expect from a big business. I'm not sure it's possible to grow as large as Google, Apple or Facebook and remain agile. The product and org…
Or just copy you.
Even if they are 10-20% worse, they have a bigger, cheaper distribution channel than you which they can stuff their product into.