Todd Hoff

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As we have already seen, time and time again, it is investors as much as inventors who decide what our future will look like, and what we call genius might better be described as smarts coupled with capital. Unable to make money or attract funding, potential American manufacturers of mechanical television would all collapse or abandon their efforts within a few years. There was simply no business model or means of support after the initial novelty wore off.
The Master Switch: The Rise and Fall of Information Empires
by Tim Wu
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