The whole elemental pillars and anchors upon which Adam Smith postulated on the “invisible hand“, via the lens of industrial-age economics, cannot necessarily work optimally in modern digital economics. Yes, the old factors of production and comparative advantages of nations remain, but their impacts are not as catalytic as before; knowledge has since emerged as … Continue reading Business Model Wins Empires; Demand Wins Over Supply In Digital and why Microsoft is ChatGPT’s Best Feature
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