I used to have this "I'm missing something" thought but I don't think that anymore. This isn't me failing to get on board with what they think I should care about--It's the device manufacturers who are missing/ignoring my needs in the market.
They are hilariously inaccurate. They confuse who said what. They often invert the meaning "Joe said we should go with approach x" where Joe actually said we should not do X. It also lacks context causing it to "mishear" all of our internal jargon to "shit my iPhone said" levels.
As for the article big tech is investing because they think they can get 100x with a higher profit margin and we are the ones building and training our replacement.
The random sale model doesn't account for pensions, mutual funds, and individuals that hold. Where would firms like Berkshire Hathaway fit into this model?
I imagine the distribution of stock hold duration is nonlinear/logarithmic