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The idea that introducing more regulations will foster the U.S. semiconductor industry doesn’t make sense. History shows that heavy regulation often stifles com
by malkosta 2y ago
The idea that introducing more regulations will foster the U.S. semiconductor industry doesn’t make sense. History shows that heavy regulation often stifles competition and innovation, leading to stagnation—similar to what happened in Russia’s outdated industries. Instead of imposing more rules that could entrench dominant players, the focus should be on creating an environment that encourages competition and innovation. Overregulation risks making the U.S. chip industry less competitive globally, which would undermine efforts to revitalize it.
- duxup 2y ago>the focus should be on creating an environment that encourages competition and innovation. What would that be exactly? Seems like an easy thing to say without specifics, but things like environmental rules and minimum wage laws exist for reasons. If those are obstacles, I'm not sure they're worth discarding.
- downWidOutaFite 2y agoWhy bring up Russia when we have the Chinese example? History shows that China has captured huge industries by using heavy-handed government regulation
- necovek 2y ago> Instead of imposing more rules that could entrench dominant players, the focus should be on creating an environment that encourages competition and innovation. How do you "create an environment" without "imposing more rules"? If you don't really do anything, status quo remains. I guess you could be referring to rules that need to be abolished, so I wonder which ones are really stopping competitors to Apple from springing up that we should do away with?
- CPLX 2y agoWhat are you talking about? History shows that a partially communist country that has extreme regulation has come to dominate huge swaths of global business.