Invest Like the Best with Patrick O'Shaughnessy cover image

Chris Paik - Venture Investing Frameworks - [Invest Like the Best, EP.338]

Invest Like the Best with Patrick O'Shaughnessy

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The Dark Side of Technology: Inequities and Disruption

Technology inherently creates inequities/nPower law curves of demand and adoption are intensified by technology/nExamples of technological dark side include taxi medallion holders affected by Uber and the rise of incel culture due to mobile dating/nNew power law distributions result in the loss of value for businesses in the middle and long tail/nThere is a cost associated with the reallocation of value brought by technology/nTechnological advancements bring both new value creation and reassignment of value to the top of the distribution

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