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I agree you need significant amounts of resources / capital to do it. I disagree you need megacorps to do it. It's inefficient for the means of production to be
by geofft 8y ago
I agree you need significant amounts of resources / capital to do it. I disagree you need megacorps to do it. It's inefficient for the means of production to be held by a private company looking out for its own interests and wealth and not the good of society: even if you want the military to be more capable, the military-industrial complex is a bad way to do it. And the argument that startups need to spend money on their own fabs is an argument these shouldn't be in private, competitive hands.
- rayiner 8y agoAt least the U.S. government does an absolutely terrible job with the capital-intensive infrastructure it touches. Having it be in charge of something like a nuclear reactor or a chip fab would end technological progress.