Thread

1. ocd · 1790861971 · focus · HN ↗

   I'm not a business guy, but I think I would be very worried if I created any opening (even on the very long term) for competition to justify itself being built up to meet demand (or national security requirements of other countries) on an industry I mostly control, because I prioritized extremely high prices for a few years that might have the effect of changing the arithmetic for potential competitors that wouldn't have done it before.

   It makes me consider whether there would be retaliation in later years against the US intellectual property system in countries other than China. While RAM is a tangible product, the areas it serves aren't really.

   1. pllbnk · 1790862558 · focus · HN ↗

      I think neither CEOs nor boards of the public companies care. They want to maximize their paychecks and bonuses in the short term before they leave to other companies.

      1. __MatrixMan__ · 1790862614 · focus · HN ↗

         Like termites, moving on to the next tree. One day we'll figure out how to be rid of these parasites, then we'll have healthier trees.

         1. r14c · 1790864562 · focus · HN ↗

            [dead]

            1. thenewnewguy · 1790864939 · focus · HN ↗

               Which is what? Because if your solution is "get rid of all C-suite executives", obviously some new person (or some new group) has to be given the final say on decisions in the company and what's to stop them from becoming corrupt or otherwise problematic?

               1. Tadpole9181 · 1790865843 · focus · HN ↗

                  I believe they're insinuating that if we were to punish these people publicly and harshly for their crimes against the rest of humanity, then the rest of them would get a much needed reminder that they are subject to the rule of law and/or that they are made of meat.

                  1. lotsofpulp · 1790867975 · focus · HN ↗

                     The crime against humanity of commenting on the supply and demand curve movements of a product so complicated and with such a long production lead-time that a handful of nations can even produce it.

                     1. __MatrixMan__ · 1790871601 · focus · HN ↗

                        Markets exist to meet the needs of the people who use them. Subverting them such that it's a negative sum game where profits improve marginally while material conditions deteriorate rapidly is in fact antisocial behavior.

                        It's probably not time to build a guillotine for the memory company CEO's and top shareholders but their behavior does resemble other more problematic moves. Consider United Healthcare denying claims in contradiction with their own policies just because they've realized they can get away with it. It has the same shape relative to the adjacent incentives.

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