Saturday, February 8, 2014

Greater Scale Leads to Lower Prices, Even in a More Concentrated Mobile Business?

If telecommunications really is a business with scale characteristics, then additional scale should lead to lower retail prices. And there is evidence that higher concentration levels in the U.S. mobile business have happened at the same time that retail prices have dropped. 

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AI Value Will Not be Captured by Firm or GDP Statistics

For all the legitimate worries expressed about firm-level artificial intelligence revenue magnitude, compared to capital investments, firm-l...