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Studies on Slack

Astral Codex Ten Podcast

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Monopolies in 0 to 1

Traditionally, monopolies have been among the most successful R&D centers. Xerox had a monopoly on photocopiers for a few decades before losing an antitrust suit in the late 1970s. Google seems to be trying something similar, though it's too soon to judge their outcome. Devoting more money to R&D decreases your near-term profits, but hopefully increases your future profits.

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