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Big Tech's Asset-Like Business Model and the Future of On-Demand Retail
Companies in big tech experiencing significant market capitalization growth have an asset-like business model. By leveraging machine learning and AI, these firms can predict consumer demand accurately, optimize production, and streamline the supply chain without traditional assets like stores, warehouses, or factories. This approach enables them to offer apparel at a lower cost than traditional retailers. In a changing economy where young consumers seek affordable individuality, these tech companies are poised to outpace retail giants like Amazon and Walmart in the apparel market by embracing on-demand retail.