Yes but it’s important for onlookers to understand this mechanism. I often hear people believing that private firms don’t have to profit maximize. I used to think that too but it doesn’t match reality. The competition mechanism explains what we see around us.
And of course there are exceptions depending on the exact context and market conditions of a private firm but they don’t negate the mechanism under the assumptions it operates.
I got one anecdote but most I’ve observed fall under yours.
It actually is for both. In the case of private firms, it’s not necessarily to increase shareholder value, but instead to increase profits and market share due to competition. If they don’t, they’re outcompeted, ran out of business and/or taken over by their competitors.
Besides that, many many private firms are owned by private equity investment companies which can be even more persistent in pushing for higher profits.
Oh here we go again…
Jesus fucking Christ, so there’s going to be shortage driven inflation in addition to the tariff inflation. We want to engineer the post-COVID supply chain shortage again, don’t we.
Oh man, Tim Wu was a trailblazer during the Net Neutrality war.
Ooof, that Neutral column for how independents feel…
Looks similar to what other governments under threat have done to survive external or internal threats.
Yes, that would be part of the goal.
Oh nice, I think I recall reading about it. I hope it works. Apart from making China less dependent foreign semiconductors, it should drive down prices across the board.
So these are at the level of 2022’s NVIDIA, but consumer more power due to the higher manufacturing node. That’s pretty good. The article says yields are low which is not great but that’s a relatively independent development from the chip design itself. Any rumors on whether anyone in China’s closing in on an EUV machine?
Wow, this could be significant if they succeed. DeepMind has done some of the more impactful work in AI like AlphaFold.
No 🙂↔️
Are you talking about Meshtastic or HAM, or something else?
If you believe that MLs helped Trump elected in any significant way, you’ve lost the plot. To help regain it you should look into the size and type of the various lobbying and agitation efforts of Israel-connected organizations and people.
Thunderbird. The “Mozilla problem” is greatly exaggerated and even if so, there are forks.
Perhaps Xi is in the room with him now.
We’d be joined through the Puerto Rico route, as a territory. No representation. The 51 state is just a ruse to get the 17th territory, or whatever the number is.
I had bet a couple of months ago that Elon would eventually be Trump’s fall guy for this.