If we're building high quality companies, if the customers like the products, if the technology innovation is real, then the substance is going to win out in the end.
Sentiment: POSITIVE
Your innovation can create new winners and losers; or at the very least, make existing companies look fresh and innovative by partnering with you. Everyone wants to align with market makers.
I think if companies start reinventing themselves and focus on the customer experience more, they will win out in the end.
If companies don't think systemically enough - if they try to capture too much of the value - eventually, innovation moves somewhere else.
Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.
A sustaining innovation makes better products that you can sell for better profits to your best customers.
Most companies don't have the luxury of focusing exclusively on innovation. They have to innovate while stamping out zillions of widgets or processing billions of transactions.
The market is so competitive. There are so many products that are similar. So we are forced to invest in innovative research in new products that are one or two years ahead of the market.
Innovation is this amazing intersection between someone's imagination and the reality in which they live. The problem is, many companies don't have great imagination, but their view of reality tells them that it's impossible to do what they imagine.
For consumers to benefit from technology, there has to be fair and open competition. Fair and open competition is the only course we know that can lead to meaningful innovation.
For better or worse, that is true with any new innovation, certainly any new technological innovation. There's many good things that come out of it, but also some bad things. All you can do is try to maximize the good stuff and minimize the bad stuff.
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