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Economist Podcasts
Tech Titans and Market Dynamics
This chapter explores the profound evolution of the business landscape over six years, focusing on the rise of major tech companies like Apple and Amazon. It examines the valuation disparity between these giants and traditional industries, while discussing the shifting dynamics of innovation and competition. The conversation reflects on the historical context of Schumpeter's creative destruction theory, emphasizing the roles of both large and small firms in the cycle of change.
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