The electrification era was quite gradual compared to this. Generators invented around 1870, 70% of US houses hooked up by 1930, so about sixty years. Altman and friends seem in an awful hurry.
Fibre and railroads, again, are really good comparisons. Both involved busineasses built on advancing technology. If you built your network before signalling, your costs were immediately higher than a competitor who rolled out more slowly. Similarly, do we really think Nvidia has had its last say in GPUs?
Fibre and railroads, again, are really good comparisons. Both involved busineasses built on advancing technology. If you built your network before signalling, your costs were immediately higher than a competitor who rolled out more slowly. Similarly, do we really think Nvidia has had its last say in GPUs?