Hacker News new | ask | show | jobs
by jumpinalake 2979 days ago
Good question. So anything orders of magnitude more popular than the competition is a failure?
1 comments

I think the word is awkward sounding because it rests on the assumption that markets always lead to efficiency, and that the creation of a monopoly is therefore a bug
I think that rests on your assumption. I know Peter Thiel argues in his book Zero to One that monopolies are end-game efficient.