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On that matter, I think (just a not-so-well-informed opinion but still plausible) most countries should urgently protect their software development industry and
by quadcore 5y ago
On that matter, I think (just a not-so-well-informed opinion but still plausible) most countries should urgently protect their software development industry and dramatically reduce taxes on those companies. Because the day US/China automated-production AIs will get to its prime, nothing produced in your county will have any value whatsoever beside land. Ferrari and Rayban? Near-zero market value tomorrow.
- fsloth 5y ago"Because the day US/China automated-production AIs will get to its prime" I think this time is quite a bit far off. But eventually will have sourcing price of just the raw materials. That said and regarding your next point - "Ferrari and Rayban? Near-zero market value tomorrow." On this I disagree strongly. Current trend is that IP becomes constantly more important. So that while manufacturing costs for said items may tumble, IP laws likely protect the sale of items branded as such. And the price difference does not likely result in cheaper prices, but in a bigger revenues.
- deleted 5y ago[deleted]
- quadcore 5y agoThat's interesting thanks. I guess there is a limit to the price of IP. Say if the glasses cost $0.50, can you sell that $400 really?