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"In that respect, all successful companies, at least in a free market, are tech companies: they do something more efficiently than anyone else, on whatever product vector matters to their customers."

The simplification that doesn't do justice to the article is: Tech companies are those that are more efficient than their competitors.

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> The simplification that doesn't do justice to the article is: Tech companies are those that are more efficient than their competitors.

That's a solid argument for abandoning the term altogether, in my view. If the term could apply to such a gigantic amount of different things, what is the worth of making that distinction?

This is why the author of the article wrote the article: it turns out that there’s a real and useful distinction that takes more than 30 words to suss out.

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