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Comment Re:Good (Score 3, Interesting) 26

The stock market forces this. All public companies are stacked this way. If you are leaving money on the table, then you are hurting the share holder. Damn the quality or company reputation. It is a source of attack if you care about customers. Watch any company go public and you will see the erosion in a decade.

The stock market alone forces companies to despise their customers.

Comment How is this different than 2008 (Score 2) 58

This has been done before for AIG and General motors. The US Gov't had 60% in GM after 2008 and it then divested those shares at a giant loss. In the great depression the US took stake in banks to prevent collapse. With intel the chips they provide are critical for many government functions. Being reliant on a foreign country to manufacture them cant be counted on or considered safe if used in military functions. If intel was healthy would the government force this on them? That is a very different scenario.

Comment Re:We live in a time of great contrast (Score 1) 27

the only way for the revenue models to meet the expected returns of investors means that AI needs to be able to help everyone everyday with most everything. Limiting it to intractable problems in science and medicine means the AI companies will never get the returns they need to justify the trillions in build out.

Comment Re:problem is (Score 1) 64

Plenty of acquisitions happen to stifle competition. They buy up a competitor and consolidate the industry.

Every once in a while you need a fake competitor and you get a big company propping up a failing business to give the appearance of competition. Microsoft porting office to Apple hardware investing 150 million dollars and keeping them from bankruptcy.

Comment Re:Wanna stop layoffs? (Score 4, Insightful) 64

If your comment was true Bill Clinton would not have pushed NAFTA through Congress, and he would not have repealed the Glass-Steagall protections. Both were gifts to large business that allowed them to grow and further their monopolistic interests. Bill also removed the national cap on commercial radio station ownership , which led to major consolidation of the news/media landscape with the telecommunications act of 1996.

Obama oversaw major mergers in Pharmaceuticals, Telecom, and airlines and didn't use the Sherman anti trust act on a single company. His affordable care act encouraged consolidation in health insurers, drugstores and hospitals to the detriment of the citizens.

Democrats being for the people and anti-monopoly only exists in speeches not ion action.

Comment Re: It's called Capitalism (Score 2) 73

Free markets do not need to allow corporations. After the problems surfaced by the Dutch East India company they were banned in this US. it wasn't until Lincoln allowed for them to exist to help build up for the war, they were allowed with limited charters. Then through legal wrangling and the 16th Amendment corporations extended their life lines. Capitalism isn't the issue corporations being seen as people is the issue.

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