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Comment Re:He's Not Wrong. (Score 1) 211

Your thesis would hold more weight if it weren’t for the fact that essentially every car from every OEM around the world comes with a backup camera. Quick estimate of costs for a UK OEM:
Camera module itself: roughly £5–£15
Wiring, connectors and mounting hardware: perhaps £3–£10
ECU/integration electronics: £2–£10
Extra infotainment processing and software integration: a few pounds spread across the vehicle
Assembly labour, testing and calibration: maybe £5–£15
OEM overhead, validation, warranty reserve and supplier margin: another several pounds

Comment Re:So enforce the same working standards (Score 1) 211

JIT is absolutely at the heart of China’s integrated supply chain for manufacturing EVs. These ideas are not competitive, they are complementary. But they use geographical clustering, JIC for key components, and information from that tight integration to ensure parts are readily at hand when needed.

The slave labour issue is an upstream issue affecting things like aluminium and polysilicate, obviously much broader than just EV supply.

Comment Re:GOP hates capitalism (Score 2) 118

This is such a perfect example of why Republicans are in really deep shit. They are reduced to making arguments that are painfully obviously complete bullshit. No-one wants to eat liver instead of steak, gas prices have gone up not down, we all remember that Trump said he wasn't going to start a war in Iran, and Mississippi has not been a Democrat-run state for decades. What the fuck are you talking about "their Dem governor"? The last dem governor was booted out 22 years ago -- Ronnie Musgrove. All three governors since then have been Republicans.

You people are such pathetic trash. Just pathetic little lies that are instantly, obviously false to everyone.

Comment Re:Story fails to clarify what's truly new in this (Score 1) 34

If that were the only issue, you would expect no meaningful difference in takeup between the US and European countries, but that's not the case. Those who run the infrastructure in the US have economic interests in preventing it improving that do not exist in other countries, and the capability of exploiting US fragmentation of regulation across states to resist progress.

Comment Story fails to clarify what's truly new in this (Score 2) 34

Consumers in African countries have famously had mobile banking that skipped legacy system for many years now, maybe even a decade. European consumers have long had instant payments with no fees. So far as I remembered, practically the only country where consumers still don't have this is the US, thanks to its crazy patchwork of banking systems with embedded corporate and anti-consumer interests. Just like the US is the only country where checks are still in regular use, and paying with a card can still sometimes only be done with a signature(!) instead of chip-and-pin or contactless, etc. I remember going to Chicago for HIMSS a couple of years ago and not being able to pay for pizza in a big restaurant with Apple Pay. Like so much of US life, it's just antiquated.

The net new stuff from consumer / small biz perspective is push-to-pay (theoretically exists in some countries but rarely used), the zero cost payment system for micro merchants, and payment inside messaging. All the rest of the net new is behind the scenes architectural, and is great, but not needed to achieve the same benefits.

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