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    • Member Info
      • Native Language:
      • Korean
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      • South Korea
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      • South Korea

    • Join Date: Jun 2007
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    #1

    making big bets

    I'm not sure what the following in red is saying, although I can translate it literally.

    To say that the physical costs of manufacture are small is true, but completely misses the point. The tyranny of the physical is not about the physical costs of manufacture; it is about the consequences for the entire organization of making big bets.

    Is it saying "the consequences that making big investments bring to the entire organization"?

    Thank you.

  1. MikeNewYork's Avatar
    • Member Info
      • Native Language:
      • American English
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      • United States
      • Current Location:
      • United States

    • Join Date: Nov 2002
    • Posts: 24,983
    #2

    Re: making big bets

    Quote Originally Posted by unpakwon View Post
    I'm not sure what the following in red is saying, although I can translate it literally.

    To say that the physical costs of manufacture are small is true, but completely misses the point. The tyranny of the physical is not about the physical costs of manufacture; it is about the consequences for the entire organization of making big bets.

    Is it saying "the consequences that making big investments bring to the entire organization"?

    Thank you.
    "Making big bets" means risking a lot of money.

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