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While this article seems pretty strong on economics(can't really judge , not an economist) , it fails to mention technology's impact , and the fact that today w
by ippisl 17y ago
While this article seems pretty strong on economics(can't really judge , not an economist) , it fails to mention technology's impact , and the fact that today we have many industries being disrupted which was never the situation before the internet.
They give as an example the fact that intel is growing. but what happen if ARM wins in the processor battle in the next few years ? won't it change who is importing and who is exporting ? and at what price?
The same can be said about Hollywood. they are under immense pressure from free/ad-based online video. this kinds of pressure gives an advantage to content that's cheaper to produce. this isn't very good for the u.s. industry.
So while this article is very optimistic about the exporting more, it would be a major challenge.