The question is, where IS the innovation? Which big companies are doing an impressive job of innovating? Remember when Tim Cook was criticised for not constantly bringing out new product lines? Yo don't hear that any more - people seem to have forgotten about the idea that Apple might be a company that actually comes up with entirely new product categories. Indeed Apple hardly even releases updates to its computers a…
> Which big companies are doing an impressive job of innovating? What on earth gave you the impression that big companies innovate? Small companies innovate. Big companies eat the small companies, absorbing their IP, or duplicating it. Or the small company survives and becomes the big company.
AT&T, General Electric, IBM, Xerox etc. The personal computer was invented by individuals and small companies, but the transistor was not, and probably could not have been. The loss of the idea that big companies need to innovate, may be one of the worst pieces of news in today's world for the survival of our species.