There is no innovation for a decade, only decreased profits.
Decreased profits are an innovation. Clearly the market was overpriced. It's the same as buying a new machine and decreasing your costs.
Creating wealth is not "building something" directly. I think this is where you are confused. Creating wealth is "acquiring something". This could be a physical item or something nondescript like time.
Decreased profits are an innovation. Clearly the market was overpriced. It's the same as buying a new machine and decreasing your costs.
Creating wealth is not "building something" directly. I think this is where you are confused. Creating wealth is "acquiring something". This could be a physical item or something nondescript like time.