Re: Utterly fatous article
"In many case First In Wins by saturating the market before any competition can get a toehold."
So how do you explain the likes of MySpace vs Facebook? Don't ask me what made the latter more appealing to the mass market than the former - I have no use for either. But the late-comer doesn't necessarily lose out. There must be some differentiator that appeals to the public.
Quality can be that differentiator. Back in the late '60s & the '70s, at least in the UK, quality of construction of houses and the domestic equipment that went into them was pretty bad but then improved. Maybe the answer is that when everybody has finished in the race to the bottom quality becomes the only differentiator and we can actually start a race to the top.