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You are saying that if intel went under, Musk or some other wouldn’t buy the assets and have a go?

• tw04 1y ago
  ...no? Did you see me say nobody would buy the assets in a scenario where Intel was actually going bankrupt? I said if by some magic Intel ceased to exist tomorrow, there wouldn't be some startup just filling the gap. So the idea that government investment in Intel somehow prevents a startup competitor is just nonsense. To compete with Intel would require trillions in investment and probably a decade+ of time to build the requisite organization and talent. The government investment to prevent the catastrophe that would result in them declaring bankruptcy and the subsequent breakup of their assets has no bearing on whether or not a startup could replace them.
  • itsmorelike 1y ago
    It's more like, large inefficient company covering 10% of the market shuts down, all other companies grow 10% on average.
• bmitc 1y ago
  How is that not even worse?
  • deleted 1y ago
    [deleted]