On Tuesday, 3 May 2022 at 10:28:19 UTC, FeepingCreature wrote:
> Musk in it. I do think there's a value-add there. You need entrepreneurs with a combination of business sense and product focus - that's actually pretty rare.
Not really. Every country has thousands if not millions of entrepreneurs, but few of them have the capital to grow fast. Where you have large gains you also have high risks, when you take high risks you usually also need luck. Why was my country flooded by Teslas when they launched? It was because the Norwegian government had removed taxes on electric cars and allowed them to drive in the bus/taxi lane, so Teslas became "cheap" luxury cars… You cannot plan for that kind of luck. When media tell tales about success they tend to ignore the timing, luck and not having the competition launch a submarine product that undermines your own product. For every success story there are many failures that did roughly the same things, and the source for failure can be as simple as not having the funds to do marketing.
People who run fast is also not very rare, but there is only one person who runs faster than everyone else. That person will take it all. If you remove the fastest runners, you still have plenty of people that run fast. So I don't buy your argument here.
If you remove Intel, we will still have fast computers. If you remove Apple we will still have good mobile phons. If you remove Google we will still have high quality search. If you remove Microsoft we will still have good cloud computing services. Etc. Etc. Etc. If you remove Apple, Microsoft and Amazon, very little will change, because the same people will work for some other entity filling the void.