As Costs of New Technologies Fall, Adoption Rates Accelerate
Innovation is key to a thriving economy. In today’s globalized world, innovation differentiates winners from losers. Technological innovation is especially important since technology drives the most successful economies. For example, Alphabet(GOOG), Apple(AAPL), Facebook(FB), Amazon(AMZN), Netflix(NFLX), etc. are all highly respected and successful tech powerhouses. One thing that is common to these firms is constant innovation. …
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