Re:Re-examining the chip Shortage: Legacy node decommissions
by kmeisthax on Sunday April 09, 2023 @12:06PM
(#35503996)
Production systems based on ownership and monopolistic exclusion of knowledge are "anti-resilient". i.e. the opposite of "anti-fragile". They start off strong, because having exclusive ownership over knowledge is a capital subsidy. Then they weaken: less competitive firms are knocked out of competition, and because they own the knowledge behind their work, the work is lost as well. By the end of this process you have one or two surviving companies that own everything and can make their own problems the market's problems.
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Re:Re-examining the chip Shortage: Legacy node decommissions
by jontrossbach on Sunday April 09, 2023 @02:12PM
(#35505056)
Very well said.