Re:Intel might be too big to fail
by stego-tech on Sunday November 03, 2024 @05:56PM
(#42036792)
Excellent comment. As someone who spent time in the MIC, Iām always glad to see others make the same sort of callouts about exploitation of the Government by entities unaligned with and detached from the goals of the people.
Extremes rarely work; rational compromise is what moves the needle forward, bit by bit.
I don't have a pat solution to this, but for example, Boeing, Lockheed Martin, Northrop Grumman, and Raytheon have little reason to improve when they have a captive customer. Raytheon recently agreed to pay ~$1B in penalties for illegal exploitation of their position and the market doesn't care: https://www.justice.gov/opa/pr/raytheon-company-pay-over-950...
Pure capitalism for these kinds of uniquely critical products and services doesn't seem like the right answer.