Hacker News new | ask | show | jobs
by geofft 2131 days ago
How is that different from saying saying "I'm sure the programmer who brought us StumbleUpon and the venture capitalists who invested in WeWork will surely succeed in building a public transit competitor"?
2 comments

because unlike government, if they fail, they will be replaced quickly
> because unlike government, if they fail, they will be replaced quickly

Governments that actually fail tend to be replaced quite swiftly. Businesses can fail without being replaced (not filling an actual need is a common reason businesses fail.)

It's the fallacy that market success implies competence.