3 ms·
I think the deviating factor there is actually mindset. E.g. Germany and Japan have dominance over U.S. car manufacturers. Most companies in the E.U. don't set
by eftychis 8y ago
I think the deviating factor there is actually mindset. E.g. Germany and Japan have dominance over U.S. car manufacturers. Most companies in the E.U. don't set out to break the world and change it; they aim for a quality product built after a series of increments. In the U.S. every company in technology is out there to change the world, even if they are selling something totally common. Namely, the iphone was a combination of existing technology combined so as to change the world. In the meantime other companies were innovating in the RF area, which well makes sense, but doesn't make for a "ground-breaking" product.
That argument has been made and argued by a number of economists -- will try to find some citations if I get the time -- feel free to google scholar in the meantime.
I understand the fear of regulation that exists, however we need to take a step back from time to time and evaluate the options. Right now, U.S. has really shitty internet (I am serious, price/value is really bad...), because the 3-4 companies, crash smaller ones or bully them into suicidal terms; and have shared the U.S. pie among them. (I bet in your area only 1 carrier has acceptable speeds -- given you have more than one.) The companies were paid though to improve the infrastructure and people chose to effectively let them roam free. They pocketed the cash.
I am sorry, but Braess's paradox [0] is real.
[0] https://en.wikipedia.org/wiki/Braess%27s_paradox https://en.wikipedia.org/wiki/Braess%27s_paradox