But how exactly do you know for certain that a problem is transitory without the benefit of hindsight?
Should Apple have never started with iphone development because Nokia/Ericson were rapidly innovating in the phone space? Iridium back in 1990 thought they had the equivalent of an Apple iphone in their solution.
I don't actually think the article contributed much in the way of insight. Without trying to be rude, your last sentence not to bet a business on a transitory problem is fairly self evident - the real value is if you can outline how to avoid stepping into such a situation without the value of hindsight (which the article fails to do).
I think the Iridium situation in 1990 was a limitation of silicon chips. Moore's Law pretty much guarantees that a problem caused by limitations in silicon will be transitory problems.
In the case of the iPhone, there was a lack of innovation. The silicon of the day was up to the task. It's just that nobody had a product like the iPhone. The closest you'd find would probably be a Blackberry.
Should Apple have never started with iphone development because Nokia/Ericson were rapidly innovating in the phone space? Iridium back in 1990 thought they had the equivalent of an Apple iphone in their solution.
I don't actually think the article contributed much in the way of insight. Without trying to be rude, your last sentence not to bet a business on a transitory problem is fairly self evident - the real value is if you can outline how to avoid stepping into such a situation without the value of hindsight (which the article fails to do).