alt Hacker NewsThe market doing what it's supposed to do does not negate that the market segment has only been left open because of overly myopic businesses.
Replies
tjwebbnorfolk • yesterday at 7:31 PM
The market is actively trying to solve it right now. Micron is investing $200B in new fabs. Everyone is trying to ramp up production.
Yes, identifying a problem is easy. But solving shortages in all cases requires perfect knowledge of future demand. So, good luck.
estimator7292 • yesterday at 5:59 PM
That's what modern capitalism is and it's bad for everyone
Why would we think businesses will always make the right move?
They'll blunder. They'll do it even harder in the absence of competition.