AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How to Evaluate the Durability of a Mode
The capitalism is creative destruction and all businesses are under assault. The ability of a business to withstand those constant attacks for a long period of time is more the exception than the rule. If we look at a business like Apple, for example, it looks bulletproof, right? It's such a strong franchise and such a strong following. They could raise prices significantly and people aren't going to switch to Android or anything. When I look into the future, I don't see anything affecting their competitive advantage for 10 years.