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WHY IS TECHNOLOGY DIFFICULT TO DISPLACE

The software industry lowered the cost of personal computing as the user learned more about the software and it is likely the software will improve; more members join the network; scale of economies in production reduce cost; software helps risk-aversion giving more understanding about complex system and thus adoption is less likely to contain unknown risks; and adoption of a given technology spawns various sub technologies and technical infrastructure that make it increasingly difficult to displace the technology.[Learn More ...]
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