Comments on: What Do AT&T And Big Oil Have In Common?

By: Zachary Shahan

Zachary Shahan — Wed, 27 Feb 2013 22:48:00 +0000

Thanks. Good notes/link.

By: Wilmot McCutchen

Wilmot McCutchen — Tue, 26 Feb 2013 17:20:00 +0000

AT&T decided in 1986 that cell phones were not worth pursuing. So today AT&T is only a brand, the company having been sold to Cingular Wireless. Big Oil seems to be on the same path. For more on why big companies miss out on game-changing innovation, see http://www.khoslaventures.com/wp-content/uploads/2012/02/InnovatorsEcosystem_12_19_111.pdf

By: Zachary Shahan

Zachary Shahan — Tue, 26 Feb 2013 10:34:00 +0000

Those oil-rich Middle East countries certainly do have some sweet entitlement programs for their citizens.

By: Otis11

Otis11 — Tue, 26 Feb 2013 00:26:00 +0000

Well, an issue with this – I don’t think the cost of gasoline will significantly decrease as we start to switch over to Electric cars, there are simply too many other markets and the price is too set in stone. (Saudi Arabia for instance has to sell it’s oil for $78/barrel or more to pay for the entitlement programs it has set for its citizens)

Also, much of the decrease in long distance costs came from improved technologies. While innovation did occur faster with the monopoly broken, that wasn’t the primary factor.

Minor notes – overall a good article.