456
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 16 Jun 2024
456 points (98.9% liked)
Technology
68306 readers
2990 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
Problem is that, especially with the automakers, is that a lack of competition becomes an excuse to not invest in innovation. For example, General Motors is throwing billions into stock buy-backs, when they probably should be throwing that into EVs.
Competition doesn’t really exist anymore. Instead, via regulatory capture, the big players simply change the rules to exclude competition.
Yeah, that's the stuff that makes this difficult. I can talk all day about what "makes sense", but you throw one corporate executive into the mix and everything falls apart.