Horace Dediu: The Innovator’s Curse

I somehow missed this Horace Dediu piece from back in August (even though I linked to and commented upon his follow-up piece):

But just like Disruption Theory is beautifully illustrated through the ageless David vs. Goliath parable, The Innovator’s Curse is but a retelling of this fable:

A cottager and his wife had a Goose that laid a golden egg every day. They supposed that the Goose must contain a great lump of gold in its inside, and in order to get the gold they killed it. Having done so, they found to their surprise that the Goose differed in no respect from their other geese.

Even if the cottagers were naive enough to have faith in the replicating miracle of golden egg laying geese, wise men would quickly advise them to kill it and get the gold more quickly. The Goose is doomed no matter what.

The regularity of the goose in the parable makes its owners seem more obviously foolish. Imagine instead a goose that lays golden eggs not every day, but only every once in a while, with an unpredictable and irregular periodicity. That’s Apple.

Monday, 11 November 2013

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