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Absolutely. The capitalist conception of closed competition and profit motive is taken virtually as dogma nowadays. However we see its many disadvantages: there
by andrepd 6y ago
Absolutely. The capitalist conception of closed competition and profit motive is taken virtually as dogma nowadays. However we see its many disadvantages: there are multiple companies ("teams of people") spending billions of dollars and millions of man-hours in largely duplicated efforts which lead in the end to an inferior product that what could be done with cooperation.
Imagine a combined Intel+AMD+Samsung+Nvidia behemoth pooling together their expertise. Internal competition would still exist, but for actual technical reasons now instead of market ones. One could imagine myriad ways to fund such a cooperative endeavour, which are never even tried because the current model is sacred.