If an inferior product/technology/way of doing things can sometimes “lock in” the market, does that make network effects more about luck, or strategy? It’s not really locked in though, since over and over again the next big thing comes along. So what does that mean for companies and industries that want to make the new technology shift? And where does competitive advantage even come from when everyone has access to the same building blocks of innovation?
This is a wide-ranging conversationon the history of technology (mainly in Silicon Valley) and the subsequent impact on society. If you’re interested in technology in a general sense, rather than specific applications or platforms, then this is a great conversation that gets into the deeper implications of technology at a fundamental level.