Re:Netflix: Piracy is difficult to compete against and growi...
by Dylan16807 on Monday February 05, 2024 @01:00AM
(#39257847)
If by "billionaire" you mean "making a hundred dollars a minute" then I think I see what you're saying, but I would word it very differently. If you were even a paper billionaire you could sell a big chunk for something that wouldn't immediately crash. But if everyone knows you're about to crash back down, then that will be priced in to your "stock" and you won't even be a paper millionaire.
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Re:Netflix: Piracy is difficult to compete against and growi...
by emporas on Monday February 05, 2024 @01:45AM
(#39258077)
Yes, i meant it more like: "Unrealized gains billionaire". The phrase is not meant to be absolutely serious of course, but it passes a point across which i think it's important.
Not only better and better technology gives us more opportunities to compete with one another, but we become better at competing with one another regardless of technology. The edge one holds in anything such as making movies, making cars or what have you, gets smaller and smaller in duration. The timeline of the first mover advantage to capitalize on any gains gets shorter and shorter. In such a situation, copyrights, patents, IP, end up almost irrelevant.