4 Comments

I suspect that you and the equity markets are overestimating the pace and the impact of the latest technological advancements (Ai, quantum computing). Merry Christmas and happy new year.

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Probably true.... but I think they are reacting to US big tech spending heavily to make sure no one can follow - which is classic business strategy in the US. Coke Cola spends heavily on marketing to keep its leading position - big tech spend heavily on AI to keep their leading positions.

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Hit the nail on the head, current corporate strategy (at least in the USA) is more about denying the opposition a market (gaining market share through obstructionism) rather than improving a product.

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very interesting thesis

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