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> many startups provide critical services from healthcare to security to dozen other sectors if they cannot pay for their servers those services will go down to
by kazen44 4y ago
> many startups provide critical services from healthcare to security to dozen other sectors if they cannot pay for their servers those services will go down too
I don't know how this works in the US, but there not some kind of clause or law which basically prevents critical companies from becoming bankrupt like this?
In my country, vital infrastructure is supposed to have money on hand to keep the infra chugging along while the company gets put under administration. (or nationalized, depending on the political climate and what it provides).
- iamdbtoo 4y agoWe used to use regulations to limit this kind of damage, but those have been removed to allow for money to be made. So instead of proactively preventing these tragedies the government is there to help clean up the mess.
- manquer 4y agoIt is very hard to keep supply chains segregated like that and also expensive. Even military industrial complex which have a sharp focus on kind of independence and budgets to see it through trips up constantly and just find out some core components are coming from foreign sources that can be fragile or threat . Just as we are discovering last couple of years whether with baby formula or chips sometimes there are risks in the system which no one knows or can’t do anything about . Not to mention such reliability costs money no one is ready to pay for .