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27 sats \ 2 replies \ @Undisciplined 17 Apr \ parent \ on: Getting manufacturing back econ
Interesting. You could think of a bunch of those as in-kind subsidies.
I can see why it would be unacceptably costly for someone to try outcompeting them head on.
Eventually, there will likely be a technological advancement that makes another production process profitable. Then, being so heavily invested in the current technology will be a disadvantage.
If you wait long enough, everything ends.
A useful question is how long you're willing to wait, and what you're willing to endure in the interim.
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If the current situation counts as “enduring”, then I can endure for a long time yet.
What severe scenarios do you foresee?
From my vantage, things are pretty good and mostly improving.
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