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Re:Chip shortage: Toyota to cut global production by 40% by quadcore on Thursday August 19, 2021 @12:21PM (#28235783)
On that matter, I think (just a not-so-well-informed opinion but still plausible) most countries should urgently protect their software development industry and dramatically reduce taxes on those companies. Because the day US/China automated-production AIs will get to its prime, nothing produced in your county will have any value whatsoever beside land. Ferrari and Rayban? Near-zero market value tomorrow.
Re:Chip shortage: Toyota to cut global production by 40% by fsloth on Thursday August 19, 2021 @12:25PM (#28235838)
"Because the day US/China automated-production AIs will get to its prime"

I think this time is quite a bit far off. But eventually will have sourcing price of just the raw materials. That said and regarding your next point -

"Ferrari and Rayban? Near-zero market value tomorrow."

On this I disagree strongly. Current trend is that IP becomes constantly more important. So that while manufacturing costs for said items may tumble, IP laws likely protect the sale of items branded as such. And the price difference does not likely result in cheaper prices, but in a bigger revenues.

Re:Chip shortage: Toyota to cut global production by 40% by quadcore on Thursday August 19, 2021 @03:27PM (#28238211)
That's interesting thanks. I guess there is a limit to the price of IP. Say if the glasses cost $0.50, can you sell that $400 really?