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Two companies have presently the world market for computer chips in an iron grip: Intel/AMD and ARM. Inspired by the success of the open software movement, an open source hardware technology, called RISC-V, is now challenging this monopoly. My guess is that it will be successful, not least because more and more countries are worried about the monopolization. That is obviously the case for China and Russia, but India, Brazil and EU are also betting on RISC-V.
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We know from history that cooperation among small producers in cooperatives under certain circumstances can beat commercial private companies. But within software, another type of cooperation has appeared during the last decades. The whole thing was started by hobbyists who liked what they were doing and were cooperating which each other, despite that there was no economic benefit in it. In some areas it has proven extremely effective in challenging monopolies and bringing down excess costs for the user.
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We are told by liberals, and in particular economists, that humans are selfish, and by being selfish, they are contributing in the best way to the common good. This is scientifically incorrect. Humans are of course looking for their own interests, but they are genetically also disposed for being cooperative and with a capacity of self-sacrifice – also called altruism.
Monday, 15 January 2024 23:20 in Politics

The new world order to come

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We are in the middle of big changes in the global world order. As is often the case, it is difficult to perceive the magnitude of what is happening when you are in the middle of it. It is like not being able to see the forest for all the trees. But the changes are big, and I think the years 2023-2024 will afterwards be seen as the watershed years. The winners are the countries of the Global South, China and Russia. The main loser is the European Union.
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Recent events show that China has been able to overcome the US sanctions campaign against its High Tech industry. The US has reacted with a new wave of sanctions against China. This is a dead-end. It will eventually hurt the US more than China. Thank you, Mr. Biden.
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The political debate in the US about new spending is bizarre. They are bickering about more money for this and for that: the military, border defence, chip production, Ukraine, Israel, you name it. The only thing that is never mentioned, is how to pay for it. And this is despite that the US is running the biggest deficit since the 2009 financial crisis and the Covid emergency. The national debt is spiralling. They are spending as if there is no tomorrow.
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