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submitted 3 months ago by Tea@programming.dev to c/technology@lemmy.world

Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.

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[-] AfricanExpansionist@lemmy.ml 42 points 3 months ago

Because anything that isn't easiest isn't profitable

[-] WhatAmLemmy@lemmy.world 25 points 3 months ago

and profit is more important than everything; including quality of life and national security!

[-] AfricanExpansionist@lemmy.ml 13 points 3 months ago

Now you're catching on!

[-] Korhaka@sopuli.xyz 6 points 3 months ago

Not always isn't profitable, just isn't as profitable.

[-] AfricanExpansionist@lemmy.ml 1 points 3 months ago* (last edited 3 months ago)

Well sure.

But when the lowest-hanging fruit is all harvested, reaching for the next available thing requires investment and so quarterly profits start dropping. Once the investments have been paid for, profits will never come back to where they were previously so it's always diminishing returns

[-] SynopsisTantilize@lemm.ee 1 points 3 months ago

Yes and since the advent of the smart phone I haven't seen any tangible evidence the next "thing" is here for them to dump money into. (Tangible, not software based)

[-] AfricanExpansionist@lemmy.ml 2 points 3 months ago

Exactly this!

They're pretending it's AI, or cryptocurrency, but neither has any use case that anybody wants or needs aside from money laundering and homework cheating

this post was submitted on 13 Apr 2025
300 points (99.7% liked)

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