Second Mouse.AI | No Mercy / No Malice
Specifically, disruptive innovation — the kind that marks a “before” and “after” in our lives — is terrible for shareholder value. Some innovators that changed our lives: Combined market capitalization: $21 billion. And that’s only because Blackberry and Nokia somehow still exist. (Xerox donated PARC to a nonprofit in 2023, valuing it at $132 million.) Just four of the companies that capitalized on the innovations of the departed — Microsoft, Apple, Google, and Meta — register a market capitalization of $7+ trillion. The second mouse often gets the cheese. Tesla didn’t invent the consumer electric car (GM), Visa didn’t invent the credit card (Diner’s Club), McDonald’s didn’t invent fast food hamburgers (White Castle), and Coca-Cola didn’t invent soda (Dr. Pepper). One firm enjoys a market cap larger than all five combined — Apple is a second mouse the size of a blue whale. “AI,” has seen a brand equity implosion in 2024 similar to that suffered by the Supreme Court, Twitter, and elite
Second Mouse.AI Share on Twitter Share on Facebook Share on LinkedIn Share this post Second Mouse.AI Scott Galloway @profgalloway Published on June 14, 2024 Share on Twitter Share on Facebook Share on LinkedIn Share this post Audio Recording by George Hahn As stupid as Apple’s Vision Pro is, Apple Intelligence is that … intelligent. Innovation Is Overrated Specifically, disruptive innovation — the kind that marks a “before” and “after” in our lives — is terrible for shareholder value. Some innovators that changed our lives: Seattle Computer Products Xerox PARC Grid Palm Netscape Friendster Bla
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