Earlier quoted context omitted.
Highly agree. While reading this article, I had a paranoid convergence of ideas. I was reading another article the other day about stock trading strategies, and how some particular strategies only work if a small number of people are using them; once they go mainstream, they lose their advantage. The example used was a whole lot of funds jumping into a particular strategy, which then effectively killed the strategy's…
I wonder if there is an economic/academic term for this? Vicious Cycle?
Winner-take-all effects in autonomous cars
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