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by AnthonyMouse
365 days ago
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> At Google, where I worked for a few years, it was interesting to see how Google's understanding of search (publicly disclosed), and the infrastructure to host it (kept secret) kept it comfortably ahead of competitors until the design space was exhausted. At which point Google stopped moving forward and everyone else asymptotically approached their level of understanding and mastery. This is the "markets mature and commodify over time" thing. What companies are supposed to do in those cases are one of two things. One, keep investing the money into the market or related ones so you keep having an advantage. Or two, if there is nothing relevant and adjacent to productively invest in, return it to shareholders as dividends or share buybacks so they can invest it in some other unrelated market. But space seems like it would be the first one big time because of the amount of stuff that still has yet to be developed. Starlink was an obvious example of something in that nature, and then it's going to be things like "put datacenters in orbit so you can use solar without worrying about clouds or nighttime" and "build robots that can do semi-autonomous work in places far enough away for both human presence and round trip latency to be an inconvenience" etc. We'd be living in Star Trek by the time they'd run out of something more to do. |
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Chances are that we will be living on the consequence of the end of fossil fuels and the rise of climate change long before that, though.