The economics of complements widely


Subject Complement What is a Subject Complement? with Useful Examples • 7ESL

Joel Spolsky in 2002 identified a major pattern in technology business & economics: the pattern of "commoditizing your complement", an alternative to vertical integration, where companies seek to secure a chokepoint or quasi-monopoly in products composed of many necessary & sufficient layers by dominating one layer while fostering so much compet.


Objective Complements YouTube

So: Smart companies try to commoditize their products' complements. If you can do this, demand for your product will increase and you will be able to charge more and make more. This idea is explored more in Peter Thiel's Zero to One, which posits that capitalism and competition are opposites: one generates profit, the other destroys it.


Commoditize your complements (and open source software) Matt's Tech Bytes

Commoditize your complement March 22, 2021• Education Gwen published this wonderful piece on how large companies manage the ecosystem and create scales of economy. Economy without profit, but scale none the less. This is an important concept and valuable to apply. Making money depends on how you price in market, or price out the market.


ADVERBIAL COMPLEMENT masterclass A complete guide

Commoditize your complements (and open source software) Matthew Krupczak September 27, 2019 10 Comments The heartbleed OpenSSL vulnerability in 2014 (affecting Google, Facebook, etc.) exposed another issue: sometimes widely used open source software doesn't get the love it deserves in terms of monetary or code support from those that use it.


Are You Commoditizing Your Customers? Partners in EXCELLENCE

In this case, the truism is to commoditize your complement. Companies have an incentive to push as much capitalism as they can into things they don't make money on, and keep the capitalism away from their main products as long as they can. So eg Google don't want to commoditize maps, because they're happy having a monopoly on mapping services.


Twos Complement Examples

A clas­sic pat­tern in tech­nol­ogy eco­nom­ics, iden­ti­fied by Joel Spol­sky, is lay­ers of the stack at­tempt­ing to be­come mo­nop­o­lies while turn­ing other lay­ers into perfectly- competitive mar­kets which are com­modi­tized, in order to har­vest most of the con­sumer sur­plus; dis­cus­sion and ex­am­ples.


Commoditize Past Tense Verb Forms, Conjugate COMMODITIZE

The lowest theoretically sustainable price would be the ""commodity price""—the price that arises when you have a bunch of competitors offering indistinguishable goods. So: Smart companies try to.


Linking Verbs & Subject Complements Curvebreakers

Commoditization could also flip the balance of software and hardware: if LLMs, the data and software, become commoditized, the hardware to train and serve them will be differentiated ( commoditize your complement ).


ADJECTIVE COMPLEMENT masterclass definition, types & examples

Smart companies try to commoditize their products' complements. If you can do this, demand for your product will increase and you will be able to charge more and make more. They don't have to achieve industry scale to achieve commoditising their complement, they just need to get sufficient scale to dampen price / opportunity. Same.


Commoditize Your Complement Data, Software, LLMs, and Semiconductors

"Commoditize your complement": this is a business strategy worth being familiar with. ChatGPT and LLMs just commoditized the complement of data: software. This increases the value of data, but mainly drives value accrual to the new scarce complement: semiconductors. Cars and gasoline Competition is enhanced for commoditized products.


Compliment vs. Complement How to Use Complement vs. Compliment • 7ESL

The lowest theoretically sustainable price would be the ""commodity price""—the price that arises when you have a bunch of competitors offering indistinguishable goods. So: Smart companies try to commoditize their products' complements. If you can do this, demand for your product will increase and you will be able to charge more and make more. "


How to your business

It seems the "commoditize your complement" model works to essentially give away low-margin products to get pricing power for higher-margin ones. Parker Institute for Cancer Immunotherapy and.


Commoditize your value chain before it commoditizes you Inverted Passion

In business and economics, there is a concept that is often expressed with the phrase "Commoditize your complement". A complementary product is has some form of necessary connection to the product in question…the usual example is automobiles and gasoline. As Joel Spolsky puts it:


The economics of complements widely

The lowest theoretically sustainable price would be the "commodity price" — the price that arises when you have a bunch of competitors offering indistinguishable goods. So, smart companies try to commoditize their products' complements. If you can do this, demand for your product will increase and you will be able to charge more and make more.


Compliment vs Complement What's the Difference? Curvebreakers

Commoditizing Your Compliments An OSS model competition, and some strategy bits -- 5/10/2023. David Hershey. May 10, 2023. Share this post.. It seems all these folks read the famous Strategy Letter V — open source is an excellent strategy to "commoditize your complements." For each of the sponsors of this competition, there is a very.


The Complement Labs Collection Medium

The bytecode idea is not new — programmers have always tried to make their code run on as many machines as possible. (That's how you commoditize your complement). For years Microsoft had its own p-code compiler and portable windowing layer which let Excel run on Mac, Windows, and OS/2, and on Motorola, Intel, Alpha, MIPS and PowerPC chips.