The rationale for bail out the banks previously was that the retail arms (what you and I use) were so intertwined with the commercial arms that allowing the commercial part to fail caused the loss of everyone's money. Regulation was introduced (at least in the UK. I don't know about elsewhere) that ring fenced the two from each other, making future bailouts unnecessary. The commercial arm would shoulder the risk of its own investments.
Doesn't stop corrupt politicians bailing them out though.
It can't be completely circular. There is an end customer that will expect something for their money eventually. Right now it's driven by huge amounts of debt, but you can't be on that forever. At some point it unwinds
5 year patents should exist IMHO. I think that's a reasonable chance to monetise an invention. Short enough to remove the use of patents as munitions between companies.
After that it's open season and you've allowed society to use it in any way in return for that 5 year protection.
Which is a damn good point. If you don't protect a patent in a reasonable time frame I believe you lose the right to protect it. If Dolby has had this patent for a long time, and allowed it to become part of a standard, it may be a quick dismissal of the case.
Except that it seems a lot of these trades are on-paper, and not involving the actual transfer of goods. The data centres aren't getting built. The servers aren't going in them. The power isn't being supplied. The tokens are not being generated. At least... It's only a fraction of what they are all saying.
Manufacturers are supply constrained and they are basically selling to those that pay the most. Prices are above what most consumers will pay, so consumer lines become unsustainable.
The big question is what happens when they are no longer supply constrained. Will they be able to start the consumer lines back up again?
No, they gave the government another reason for a mandatory government id scheme. Something deeply unpopular with a large part of the population, but that Starmer is devoted to.
We have a government that thinks the population needs to be parented through authoritarian means. The don't understand that even though their intentions might be benign, they are still building the infrastructure of an authoritarian state.
You're right. Better use some wind turbines too.