The tech giants that made billions copying others
In Silicon Valley, companies prefer to highlight the innovation that occurs in their open offices, shared workspaces and halls, and downplay everything else. But much of today’s most popular technology is also the product of a fair amount of cribbing from the competition.
Just last week, Skype announced Highlights, the latest in a string of features rolled out over the last 8 months from services such as Facebook (FB) (and Facebook-owned companies, Instagram and WhatsApp) that closely mimic Snapchat’s popular Stories feature. Instagram, in particular, has been surprisingly upfront about its design inspiration. When Instagram launched Instagram Stories last August, for instance, Instagram CEO Kevin Systrom told TechCrunch that Snapchat deserved “all the credit.”
Some were quick to point out Facebook’s cribbing of Snapchat Stories, in part because of the remarkable rapid-fire execution earlier this year across properties including WhatsApp, Messenger and the Facebook app. But the news also raised eyebrows because it seemed like a Machiavellian scheme by Mark Zuckerberg to smite Snapchat, which reportedly spurned a $3 billion acquisition offer in 2013.
Read more here: https://finance.yahoo.com/news/tech-giants-made-billions-copying-others-135519772.html
Thanks for the interesting read. I think that it is very hard to come up with original ideas these days. The trick now in copying is to make things better. I am always looking at how things can be done better / more efficiently.
It gets harder and more complicated to improve on already refined concepts as time goes on.
And it is likely that those things do not need to be improved upon and so are likely not to be copied.
Yes, and technology follows the same curve so new opportunities open up everyday. I think it is all happening way faster than average people are realizing. The backend is getting updated before the gui haha.
The backend is much more important than the gui ;) Just kidding but also not at the same time. The gui will change as we interface differently everyday. Chat bots are now becoming very popular for ecommerce (as one example). Soon, it will be much simpler to buy through your TV. And I am working myself on making it easy to purchase directly from advertising that you see in newspapers, on billboards etc.
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