Re:Big Tech as the New Big Tobacco
by paxys on Friday July 21, 2023 @07:57PM
(#36821669)
It's a bit of both. "Tech" is any company that can rely on technology rather than manpower and raw materials to scale up. Everyone wants to position themselves as such, but the truth always shows up on the balance sheet.
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Merely using technology is what all businesses do, from the inclined plane to the microprocessor these days.
An X business is one that differentiates itself on factor X. If they use it in a truly innovative way (which changes — what was innovative in the 90s is commodity today) or develop new technologies in house than you’re a tech business.