NVIDIA WILL SOMEDAY BE A DISTANT MEMORY — AND THAT’S A GOOD THING, SAY NOBEL LAUREATES
https://s.yimg.com/ny/api/res/1.2/HUz7re88.9qmSxXJOicZ9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/marketwatch_hosted_869/50fabffecaf7bd5480c3f69876111aec
✍️ Nobel laureates in economics suggest that Nvidia's dominance as the largest publicly traded corporation will not last due to the concept of 'creative destruction'.
👉 Nvidia's dominance as the largest publicly traded corporation is expected to come to an end 👉 The concept of 'creative destruction' refers to the process of new and better products entering the market, causing older products to lose out 👉 The Nobel laureates' research suggests that this process will eventually lead to Nvidia's decline 👉 The politics involved in creative destruction include pressure from large corporations and their shareholders to protect themselves from competition 👉 The potential negative impact on economic growth is a concern
-- #JoelMokyr #PhilippeAghion #PeterHowitt #WarrenBuffett #NorthwesternUniversity #CollègedeFrance #INSEAD #Paris #BrownUniversity #Vermont #business
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