Capital is at risk of being rendered obsolete by the invention of newer products and newer methods of production. Through no fault of her own, an entrepreneur may find her entire investment rendered obsolete when a competitor develops a superior product to hers, or a much cheaper way of making a product. Capital accumulation not only requires the sacrifice of the present for the future, but it also requires the sacrifice of the certain for the uncertain. The capitalist is constantly speculating that her investment will yield a positive return in the future, but she could always be wrong.

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