The “Monopoly guy” does not recognize that his arrogant statement has been made before.

Per the “Monopoly Guy” (Mercedes-Benz chairman Dieter Zetsche)

“If there were a rumour that Mercedes or Daimler planned to start building smartphones then they (Apple) would not be sleepless at night. And the same applies to me.”

That same smugness was applied by Palm CEO Ed Colligan in 2006:

“We’ve learned and struggled for a few years here figuring out how to make a decent phone,” he said. “PC guys are not going to just figure this out. They’re not going to just walk in.”

Proof that people would rather assume someone else can’t come in and take over rather than innovate and grow. I realize that Mercedes-Benz is no slouch of a company, but everyone crumbles when they underestimate competition.

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