5min chapter

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What are Smarter Markets? Episode 2 | Josh Crumb, CEO and Founder of Abaxx Technologies

SmarterMarkets™

CHAPTER

Is There a Distinguishing Effect of Network Effects in the Commodity Sector?

The idea of profitability strikes me becausee when jeff was king about this transition and and how to tax carbon effectively, it was clear that profitability in in the commodity sector has always been extremely important. I mean, i think absolutely they need to be profitable. But you know, one of t the things that i thinks is a little bit dangerous is we also want to try to make a lot of these a companies something that they're not. The energy panies didn't, ouknow, had very low a return on capitalfor many years. That also influenced their a o the lack of supply growth this year.

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