alt Hacker News> Those monopolies seem so scared to "miss the next smartphone" that they invest heavily in whatever their competitors do.
Monopolies so scared of the competition?
> Those monopolies seem so scared to "miss the next smartphone" that they invest heavily in whatever their competitors do.
Monopolies so scared of the competition?
Yes, because of inventors dilemma.
That is how Kodak lost digital photography, Microsoft tablets and phones even though it had them for a decade before the competition, and so on.
Monopolies double down on what they know that prints money, and are averse to taking any risks.