The computer and technology industry is a monopolistically competitive industry as evidenced by how fast it evolves and how different companies create new products to try and beat out the competition. Advanced Micro may unveil chips early is an article about the race to create a new dual processor. My question is whether people will continue to upgrade because they want the best or will we reach a point that people will be happy with the type of computer they have?


Fred said...

I think people will continue to upgrade as upgrades continually become available. It's just human nature that people want the best.

Dr. Tufte said...

It isn't human nature to want the best. It is human nature to want the most for the lowest cost. The computer industry is very good about delivering that - so expect upgrades to continue.