The first few decades of technology innovation have been characterized by rapid growth and quick profits based on low headcounts and low capital outlays. The next few decades will require much larger headcounts and massively larger amounts of money. If you have doubts, just look at Tesla and Elon Musk. Tesla is 15 years old, and despite its considerable struggles and internal and external dramas, Elon Musk's electric carmaker remains a Silicon Valley darling and is widely admired in the...


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