2min snip

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Reid Hoffman on OpenAI’s $7 trillion plan, Apple’s Vision Pro, and AI traps

Masters of Scale

NOTE

Scale and Competition in the Tech Industry

Scale in the tech industry is not inherently bad, as competition between organizations creates opportunities for startups, benefits consumers, and adds value to the industry and society. Concerns arise when scale distorts competition by locking out other players to the detriment of society and industries. The key is not the absolute scale number but the relative scale number compared to competitors. The growth from five to seven big tech companies to 10 to 12 fosters healthy competition and innovation within the American tech industry, benefiting both the industry and America as a whole.

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