Daily Edition · Page 10

THE DAILY INDEX

Technology, AI, software, security, crypto and business

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ABSTRACT WARFARE: HOW TSMC MADE ITS OWN MARKET

The most important tech companies are much larger than their original markets. They not only expand their market, but make their own markets as well. These companies achieve this by attacking the abstractions their industry is built on. They change what it takes to participate in the industry and create shared infrastructure out of their competitors' businesses. This allows an ecosystem of new companies to form that both win in the market and are dependent on them.

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