James Bessen / Technology Review
Innovation is slowing down—and Big Tech is to blame – In 2005, years before Apples Siri and Amazons Alexa came on the scene, two startupsScanSoft and Nuance Communicationsmerged to pursue a burgeoning opportunity in speech recognition. The new company developed powerful speech-processing software and grew rapidly for almost a decadean average of 27% per year in sales. Then suddenly, around …
